VAT‘s Important - Do I Know My Supply Chains?

Globalisation is on everyone's lips. The fact that globalisation can also have great impact in the area of indirect taxation in connection with the entry of goods is not always on the radars of internationally active companies, however, this can lead to enormous costs. Our experience tells us that only few companies are really aware that one of the many effects of globalisation can even be a reduction in costs, as the August edition of vat's important reports.

International trade policy has definitely seen better times. On both sides of the "pond", threats of limitations on international trade continue to grow; trade wars already rage between other parts of the globe. Talk is of new borders to be built, not only political but also of an economic nature. New customs duties between the economic regions, which had long been considered dead and gone, have been dug out again from the mothballs of history. Without wanting to be too pessimistic, it smells much like the