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VAT4U and Amadeus: Improving cash flow in COVID-19 times

In this current environment, it is more important than ever that businesses move towards digitalization and foster technological innovations when it comes to finance and travel. These two areas are especially intertwined because business travel can be a considerable component of corporate expenditure.

Importance of keeping delivery and billing address separate

As there is no imminent end in sight to the COVID-19 pandemic, many people are continuing to...

Germany - Changes concerning invoice adjustments affecting VAT refund procedure for EU and oversea claimants

If you submit an invoice in the VAT refund procedure that does not meet the requirements for an...

How does VAT work in the EU and outside the EU?

At present, just over 160 countries are using a VAT system around the world. Given the different...

Germany extends VAT recovery deadline to 31 Dec 2020 for businesses from Non-EU Member States

Due to the economic consequences of the pandemic, the German Tax Administration (BZSt) extended...

3 ways to rectify a wrong invoice in Germany

We all know the problem. During an invoice audit we discover that essential invoice...