
Herausgeber: | PwC |
Sprache: | Englisch |
Seiten: | 2 Seiten |
Erscheinung: | Juli 2016 |
VAT ID Look Indirect Tax tool to validate your VAT ID numbers
Companies purchasing or selling products and services in countries within the European Union have to use a correct VAT identification number (VAT ID) of their suppliers and customers on their invoices. The problem: The companies are liable for the accuracy of the information. In case the VAT IDs of suppliers/customers are incorrect, the company may itself become liable to pay the VAT. Therefore, it is essential to ensure that the VAT IDs used are correct.