From 93adae35d6aac3303baca375dc786f1ae6bd6a55 Mon Sep 17 00:00:00 2001 From: peterdbarkerUK Date: Thu, 28 Sep 2023 09:52:52 +0200 Subject: [PATCH 1/2] Create Global-VaTax.md HelpDot migration of Global BaTax integration --- .../hubs/integrations/Global-VaTax.md | 34 +++++++++++++++++++ 1 file changed, 34 insertions(+) create mode 100644 docs/expensify-classic/hubs/integrations/Global-VaTax.md diff --git a/docs/expensify-classic/hubs/integrations/Global-VaTax.md b/docs/expensify-classic/hubs/integrations/Global-VaTax.md new file mode 100644 index 000000000000..f8e8db6c506d --- /dev/null +++ b/docs/expensify-classic/hubs/integrations/Global-VaTax.md @@ -0,0 +1,34 @@ +--- +title: Global VaTax Integration +description: The Expensify-Global VaTax integration turns your company’s international expenses into an easy VAT refund. +--- + + +# About +The Expensify-Global VaTax integration turns your company’s international expenses into an easy VAT refund. + +If your company is based in the U.S. but doing business abroad, track your [expenses](https://use.expensify.com/expense-management) in Expensify and then sync to [Global VaTax](https://globalvatax.com/) to receive a VAT refund. +## VAT +[Value Added Tax (VAT)](https://www.investopedia.com/terms/v/valueaddedtax.asp#:~:text=Value%2Dadded%20tax%20(VAT)%20is%20a%20flat%20tax%20levied,different%20parties%20to%20a%20transaction.) is a consumption tax applied to goods and services in many countries. It is typically applied automatically upon purchase, however, international business travelers can reclaim some VAT. + +VAT-recoverable expenses include hotels, entertainment, conferences, legal and marketing fees, DDP shipping and storage fees, aviation recovery, and other international expenses. +## VAT Refund +The VAT refund process is complex and requires a detailed understanding of the regulations and requirements in each country. The VAT rules and rates vary from country to country and by expense type. + +You can seamlessly sync your Expensify expenses to Global VaTax for easy VAT analysis, calculation, and reporting. + + +# How to Connect to Global VaTax +1. Fill out [this form](https://www.vataxcloud.com/expensify/signup) to receive a confirmation email from Global VaTax. +2. Click the link in the confirmation email to sign into your Global VaTax account. +3. Go to the **Method of Extraction** section. +4. Click **Expensify** +5. Follow the steps to obtain your partner credentials and activate the integration. +6. Enter your credentials and extraction dates +7. Click **Submit** +8. VaTax Cloud will begin automatically calculating your VAT rates for each eligible expense line item, per expense type, in each country. +9. Within a few hours, you'll receive an email that your VAT potential analysis report is ready for review. + +Your VAT reclaim will be prepared by Global VaTax in the necessary languages and submitted to the appropriate tax agents in each country. + +After submitting your VAT reclaim, you can track it via the submission analysis report in Global VaTax. From e65eb1bb0eae826864517209d653e8b3ca0eb12c Mon Sep 17 00:00:00 2001 From: peterdbarkerUK Date: Fri, 29 Sep 2023 03:49:33 +0200 Subject: [PATCH 2/2] Update Global-VaTax.md cleaned out redundant blank lines --- docs/expensify-classic/hubs/integrations/Global-VaTax.md | 3 --- 1 file changed, 3 deletions(-) diff --git a/docs/expensify-classic/hubs/integrations/Global-VaTax.md b/docs/expensify-classic/hubs/integrations/Global-VaTax.md index f8e8db6c506d..4a18b30458a6 100644 --- a/docs/expensify-classic/hubs/integrations/Global-VaTax.md +++ b/docs/expensify-classic/hubs/integrations/Global-VaTax.md @@ -2,11 +2,8 @@ title: Global VaTax Integration description: The Expensify-Global VaTax integration turns your company’s international expenses into an easy VAT refund. --- - - # About The Expensify-Global VaTax integration turns your company’s international expenses into an easy VAT refund. - If your company is based in the U.S. but doing business abroad, track your [expenses](https://use.expensify.com/expense-management) in Expensify and then sync to [Global VaTax](https://globalvatax.com/) to receive a VAT refund. ## VAT [Value Added Tax (VAT)](https://www.investopedia.com/terms/v/valueaddedtax.asp#:~:text=Value%2Dadded%20tax%20(VAT)%20is%20a%20flat%20tax%20levied,different%20parties%20to%20a%20transaction.) is a consumption tax applied to goods and services in many countries. It is typically applied automatically upon purchase, however, international business travelers can reclaim some VAT.