Businesses operating in EU Member States can incur significant amounts of value added tax (VAT) on certain costs including travel and entertainment expenses, purchase of goods for lease or resale, and attendance at conferences and tradeshows among other items. VAT refunds may be available, provided the businesses file VAT refund claims by the deadline of 30 September 2017.
The deadline for filing EU VAT refunds for the calendar year 2016 is 30 September 2017. This is a fixed deadline. If missed, the opportunity to recover any foreign VAT incurred will be lost.
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