The company has knowledge and experience in the field of tax return, the procedure for reimbursing import taxes (customs and purchase tax) paid for raw materials purchased from abroad or from importers in Israel, and used to manufacture products for export.
In order to receive the tax return, the exporter must submit a detailed, multi-dimensional, annual report, which includes the import taxes paid that year spliced by raw material type, as well as the products sold for export spliced by type and country of destination. Purchase tax is refunded to the exporter regardless of the country of destination, and customs is refunded only for exporting to countries outside the EU.
The calculation of the tax return is based on a large quantity of data (can reach hundreds and thousands), collected from various sources of information, and requiring expertise in the field.
It should be noted, that the tax return can in many cases reach significant sums of money that directly contribute to the increase in profit, and therefore it is very important that the exporters are aware of this benefit, and act to file the tax return claim according to the rules prescribed at law.