Case Study

How Symantec Recovered Over $500,000 In VAT

How Symantec Recovered Over $500,000 In VAT

SYMANTEC HAVE RECOVERED OVER $500,000 SINCE THEY BEGAN WORKING WITH TAXBACK INTERNATIONAL. THE CHALLENGE Prior to engaging with Taxback International, Symantec were conducting a small amount of VAT recovery in-house on domestic T&E spend. However, they were experiencing a high rate of rejected claims as a result of invoice incompliance. Symantec were unsure of their potential VAT reclaim opportunity due to complex and diverse tax legislation which varied across each country they were operating within. The scale of their operations brought problems in itself, as language, time zone and currency all added to the complexity. THE SOLUTION Symantec engaged T axback International to conduct a full VAT reclaim analysis. Taxback International identified significant opportunities in both D

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