What is the VAT treatment of discounts and refunds

Feb 26, 2025 ... Customers who indicate that their institution is tax exempt are required to supply a copy of their Tax Exemption Certificate. This can be ... The VAT number identifies traders and non-trading legal entities, and is necessary to carry out certain intra-community transactions. Set up VAT Registration No. Format. Step 1: In Microsoft Dynamics NAV click: Administration > Application Setup > General > Lists > Countries/Regions. Step 2: ... The U.S. does not have a VAT system, but when required companies may register and report VAT in the EU, UK, Australia and parts of Asia. VAT numbers are ... A person shall show his Taxpayer Identification Number and his VAT registration number in any return, notice of appeal or other documents used for official VAT ... How to register for a VAT number. While businesses can register in individual countries to collect VAT, it's more efficient for EU businesses that sell to ... Use this service to check: if a UK VAT registration number is valid; the name and address of the business the number is registered to. This service is also ... Register as an individual or as a partnership · your National Insurance number · an identity document, like a passport or driving licence · your bank account ... RepairDesk allows you to enter your Business Registration Number or Tax Identification Number such as your ABN (Australian Business Number), ACN (Australian ... Mexican VAT Number Format · Individuals: Format: the RFC consists of 13 digits with the following structure - xxxx-yyyyyy-zzz (x = letters, y = numbers, z = ...