Companies can now automatically export expense data from Expensify
to Global VaTax or Taxback International for easier VAT reclamation
SAN FRANCISCO–(BUSINESS WIRE)–#ExpenseReportsThatDontSuck–Expensify, the most widely used expense software in the world, announced
integrations with two major value-added tax (VAT) reclamation tools
VaTax and Taxback
International. The new integrations streamline VAT reclaim for
businesses by automatically exporting expenses from Expensify to Global
VaTax or Taxback International for seamless VAT analysis, compliance,
VAT – the international equivalent of U.S. sales tax – is applied to
goods and services in more than 160 countries at rates ranging from 8%
to 27%. Certain national tax authorities – including those of the EU,
Canada, Japan, South Korea, and Australia – allow VAT refunds for
businesses not based in their countries. Expensify’s integration
partners Global VaTax and Taxback International navigate each country’s
complex VAT rules and regulations to ensure businesses receive their
maximum VAT refunds.
“Many companies don’t know that VAT reclamation exists, much less how to
benefit from it – but with the right tools it can mean some serious
money back with minimal effort up front,” says Ryan Schaffer, Director
of Strategy and Marketing at Expensify. “Companies using Expensify can
already track receipts and manage expenses in more than 160 currencies.
Now, it’s just a matter of enabling one of our partner integrations to
automatically extract that expense data for easy VAT processing and a
To get started on the path toward your maximum VAT refund with
Expensify, reach out to [email protected].
Expensify is the world’s most user-friendly expense management app.
Built for companies of all shapes and sizes, Expensify automates the
entire expense reporting process with features such as SmartScan OCR
receipt tracking, corporate card reconciliation, and integrations with
major accounting softwares. To learn why Expensify is the tool-of-choice
for more than 6 million people around the world, visit use.expensify.com.