VAT ID vs TAX ID
What is the difference?
When you register for VAT you may also be assigned a TAX ID in the chosen EU Country
TAX ID and VAT ID serve different purposes.
VAT ID is proof that a company is registered for VAT and identifies the company for VAT related transactions.
TAX ID identifies a company to a country’s revenue department for NON VAT related transactions.
In some countries both TAX and VAT ID’s are similar but they serve different purposes.
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