Will passing a VAT number calculate business to business rates for EU transactions?
Overview
We are under the impression that passing a VAT number for EU transactions will change the rates to be business to business and not business to consumer when Avatax calculates.
Environment
Avalara Avatax
Resolution
- Business to Business transactions are identified by the Buyer's VAT number
- Transactions will show the Buyer's VAT number in "Buyer's VAT No: " field in the Admin Console if we are receiving it from your accounting system
- Go to the Admin Console > Transactions > Click the document code to see detail > Click Edit to view additional information or make adjustments.
- If we do not receive a Buyer's VAT Number, the transaction is processed as one between a business and a consumer (B2C not B2B)
- Transactions will show the Buyer's VAT number in "Buyer's VAT No: " field in the Admin Console if we are receiving it from your accounting system