Current location - Loan Platform Complete Network - Local tax - Can RFC ID be understood as VAT in Europe? Or what is the difference between the two?
Can RFC ID be understood as VAT in Europe? Or what is the difference between the two?
The RFC in Mexico is similar to VAT in Europe, and the tax rate in Mexico is 16%. Compared with Europe, Mexico's taxation is not as perfect as that of the European Union. Moreover, Mexico has a company policy of guarantor system, and the language and customs are different, so the operation of tax law will be more difficult and cumbersome than that of Europe.