Avalara's VAT Returns and Reporting is a software-as-a-service (SaaS) solution designed to simplify and streamline Value Added Tax (VAT) management for businesses operating across multiple countries. It offers tools for identifying VAT obligations, registering with tax authorities, calculating accurate VAT rates, and filing returns efficiently.

Key Features

VAT Obligation Identification Helps businesses determine where they have VAT obligations based on their sales activities and channels.

• Provides visibility into countries where VAT obligations exist
• Identifies activities that could trigger VAT obligations

VAT Registration Assistance Simplifies the process of registering with required tax authorities in different countries.

• Supports registration across multiple jurisdictions
• Offers Avalara IOSS Registration for simplified EU compliance

Accurate VAT Calculation Ensures precise VAT rate determination for products in various countries.

• Utilizes 150+ automated data validations
• Checks VAT logic, legislation, invoice duplicates, and tax codes

Consolidated Reporting Facilitates efficient VAT return filing and centralized oversight of VAT data.

• Enables filing of VAT returns across supported jurisdictions
• Consolidates VAT data for clear, centralized management

Benefits

Improved Compliance Helps businesses stay compliant with complex VAT regulations across multiple countries.

• Reduces risk of non-compliance and potential penalties
• Keeps up-to-date with changing VAT legislation

Time and Cost Savings Automates many aspects of VAT management, reducing manual work and potential errors.

• Streamlines VAT calculation and reporting processes
• Minimizes the need for in-house VAT expertise across multiple jurisdictions

Enhanced Visibility Provides a clear overview of VAT obligations and activities across different countries.

• Offers centralized oversight of VAT data
• Enables better decision-making for international business operations