Law firm for the review of VAT treatment in cross-border trade
Imports, exports and intra-EU transactions follow their own VAT rules, and both the rates applied and the supporting documents call for verification. Below we set out what such a matter requires of counsel and who leads this area at HWW.
What this matter requires of counsel
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Reads the invoices together with the transport and customs documents
Entitlement to preferential treatment depends on whether the documents evidence the export or movement of the goods. The review therefore covers the whole document trail, not the VAT records alone.
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Distinguishes the model behind each transaction
Imports, exports, intra-Community supplies and intra-Community acquisitions follow separate rules. The adviser starts by describing how the goods and the invoice actually move, because the correct treatment follows from that.
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Checks rates and exemptions across recurring patterns
The review covers the rates and exemptions applied and makes it possible to point to irregularities and to their causes.
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Closes the review with recommendations for the future
Guidance on procedures and documentation for transactions still to come matters just as much as the findings themselves.
Further described matters are listed under our track record.
What we have written on this topic
We confirm the scope and the fee before starting work. A paid consultation is not required.