VAT vs Sales Tax: A practical business guide
VAT vs Sales Tax: A practical business guide On the surface, VAT and sales tax are virtually the same. They’re both indirect taxes on the sale of goods or services. However, from a business and accounting perspective, there are important distinctions that affect compliance, cash flow and profit. For businesses entering new markets, understanding the […]
Getting a United States EIN vs. a VAT Number
Getting a United States EIN vs. a VAT Number Everything You Need to Know About VAT in the Healthcare Sector A common question from businesses expanding into or trading with the US is: “How do I get a VAT number in America?” The straightforward answer is: You don’t. The United States does not operate […]