EUROPEAN Event Registration: Do you need to register your foreign event in advance in some European VAT countries? Your company or your event clients may lose foreign VAT or Import VAT refunds which are often from 15 to 25 percent of the total cost.
REDUCED Rates: Did you know that the standard VAT rate in Hungary is 27%? This is the highest in Europe! Switzerland has the lowest rate, at 8%. Some countries use reduced rates for essential goods like food, or basic services, such as health care. If you are curious about these reduced Value Added Tax rates and what they may mean for your foreign business, please inquire.