Sales tax and VAT terms for global finance teams
A comprehensive glossary of expert definitions and practical insights designed specifically for modern software and SaaS companies.
Whether you’re dealing with bundled transactions, trying to understand nexus thresholds, or managing cross-border digital service taxes, use this glossary to stay compliant and up to date while scaling globally.
Terms
Terms
VAT identification number
VAT identification numbers provide unique identifiers assigned to businesses for VAT purposes. These numbers facilitate transaction reporting, support cross-border sales documentation, enable input tax recovery, and help verify compliance status. Proper management of VAT identification numbers remains crucial for businesses operating in VAT jurisdictions.
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