VAT ID vs TAX ID
When registering for VAT, you may also be assigned a Tax ID in the respective EU country.
🔹 VAT ID → Confirms that a company is VAT-registered and is used for VAT-related transactions.
🔹 Tax ID → Identifies a company for non-VAT-related transactions with the tax authorities.
⚠️ In some countries, the Tax ID and VAT ID may look similar, but they serve different purposes.
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