The purpose of this workshop is to better understand how the European Value Added Tax System (VAT) works, and the implications of Value Added Tax for U.S. companies when exporting goods or providing services into Europe. Detailed discussion topics will include:
What is VAT, and how does it apply to your business?
• How does it work? A general overview of the mechanics of a VAT system compared to the US sales tax regime
• Are you a VAT taxable person?
• What you need to know before you start selling
Compliance related topics
• How to Register
• Periodic vs. Annual VAT returns
• Claims in EU countries and how they might differ
• Compliance differences for goods vs. services
Exporting into the EU: differences from country to country
• How does it work? Examples of US companies selling in the EU
• Goods vs. Services
What US companies should know
• EU VAT Harmonization: an EU-wide overview
• European Union Directives on harmonization, and how they are implemented in certain places
• Local VAT laws and how they may affect your business
SPEAKERS:
• Hans van Loenen, VAT Director, RSM Global
• Duncan Stocks, USA VAT Director, RSM Global
AUDIENCE:
US Companies interested in expanding into Europe and US Companies selling their products into the EU