I found the below article interesting.It suggests the global VAT...

  1. 5,717 Posts.
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    I found the below article interesting.

    It suggests the global VAT reclaim market is worth around $75 billion, but around 54% of it goes unclaimed. That would mean around $40 billion sits in government coffers & not back in the hands of business. So, for anyone who thinks W2V has engineered a solution that isn't needed, think again.

    The Hidden Potential of GST / VAT Reclaim - SAP Concur Australia


    https://hotcopper.com.au/data/attachments/6270/6270584-397faaed7e8433efcdcc60607d684b38.jpg

    I posted the below article a few years back, so it's just a reminder for any newbies.

    Businesses are losing 12% of revenue due to unclaimed VAT | Accountancy Daily

    https://hotcopper.com.au/data/attachments/6270/6270605-e5fb78931a0194df9d59c190e7db68ef.jpg

    W2V operates in a market that could be worth around $75B globally, but perhaps, $40B goes unclaimed.

    W2V MC is $8M.
 
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