Since January 1, 2020, among other things, a valid value added tax identification number (VAT No.) of the purchaser is a material prerequisite for the tax exemption of intra-Community deliveries. In order to eliminate the need for time-consuming manual individual queries and to support you in meeting the high requirements regarding the preparation and processing of tax-relevant data, we have developed the Tax Compliance Management Tool (TCMT) for you together with our partner, CGS mbH – Consulting Gesellschaft für Systementwicklung.
The TCMT is an efficient tool for digitally supported monitoring of your tax-relevant master data, which saves you time and costs for carrying out and documenting manual checks. The tool can be customized to meet the individual needs of your company. The BANSBACH VAT No. tool is one of the modules of the BANSBACH TCMT and enables you to query your customers’ VAT identification numbers en masse. The web-based tool offers you a variety of benefits:
Our experience shows that by using the VAT No. tool, in addition to the VAT No. verification process, the master data quality in particular is significantly improved. This is because errors in verification are not only triggered by invalid ID numbers, but also by outdated or incorrectly stored address data. These can now be systematically adjusted.
The tool is now available on our partner site www.taxcom-online.de, registration is done in a few steps.
Now choose your subscription model and you can start directly with your first query.