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Regulatory requirements of the respective EU Member State. Identification numbers required - VAT ID number IBAN BIC/SWIFT. Credit and claims management In practice for cross-border transactions within the EU A. Technical competences B. Accounts receivable during certain period received advances There are some tools and reports that will help when monitoring payment Debtor record specifying debtor and due amount N days during x the period Annual turnover collection Monthly collection index...
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Credit and claims refer to the process of claiming a refund or credit for overpaid taxes or unused tax credits.
Taxpayers who have overpaid taxes or have unused tax credits are required to file credit and claims to claim a refund or credit.
To fill out credit and claims, taxpayers need to provide information about their overpaid taxes or unused tax credits on the appropriate tax forms.
The purpose of credit and claims is to allow taxpayers to claim refunds or credits for overpaid taxes or unused tax credits.
Taxpayers must report information about their overpaid taxes or unused tax credits, including the amount of overpayment or unused credit and supporting documentation.
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