VAT (Valued Added Tax) is levied on goods and services in many countries, primarily in the European Union, Asia/Pacific, and Canada. This levy can be as high as 25%, creating a large expense for corporations. Yet, millions of dollars that can be recovered each year are never claimed. ABC’s VAT Recovery Program is a turn-key solution for your corporate customers to recover their VAT expenditures on business travel. For more information, contact your ABC•CCRA Agency Solutions Manager or agency_solutions@abcglobalservices.com.
The Benefits of ABC’s VAT Recovery Program
- No Up Front Costs – Contingency based program, we only get paid on VAT that is successfully recovered
- VAT Recovery Specialists – Our professional tax experts have over 20 years experience in VAT Recovery
- Minimal Effort by Customer – Just submit original invoices and we do the rest
- Confidential handling of all data and information
- Over 95% success rate in VAT recovery
- We prepare and submit all required forms
- We manage all inquiries regarding VAT
- 24/7 access to online reporting – and status of claims on a claim-by-claim basis
- Provide assistance to optimize internal processes to ensure maximum VAT recovery
- Ability to directly access the T&E data from Concur Expense and other T&E systems