JupiterInvoice glossary

Tax and VAT

Value Added Tax, GST, HST, reverse charge, and the cross-border tax mechanics that appear on invoices.

Other categories

ABN

au

An ABN (Australian Business Number) is the 11-digit identifier the Australian Taxation Office issues to Australian businesses, required on every Australian invoice and used to regi...

EIN

us

An EIN (Employer Identification Number) is the 9-digit federal tax identifier the IRS issues to US business entities (LLCs, corporations, partnerships, trusts, estates, and sole pr...

GST

au · ca · nz

GST (Goods and Services Tax) is a value-added consumption tax used by Australia, Canada, New Zealand, Singapore, India, and several other countries, charged on most goods and servi...

HST

ca

HST (Harmonized Sales Tax) is a single combined Canadian tax that merges the federal 5% GST with a provincial sales tax component, used in Ontario, New Brunswick, Nova Scotia, Prin...

IVA

IVA is the local name for value-added tax used across Spanish-speaking countries (Impuesto sobre el Valor Anadido in Spain, Impuesto al Valor Agregado in Mexico and Latin America) ...

Reverse-charge VAT

uk · eu

Reverse-charge VAT shifts the responsibility for accounting for VAT from the supplier to the business customer, used most often for cross-border B2B services within the UK and EU a...

Sales tax

us

Sales tax is a US consumption tax charged once at the point of final sale to the end consumer by the seller, with rates set independently by states, counties, and cities (so a sing...

TIN

us

TIN (Taxpayer Identification Number) is the US umbrella term for any identifier the IRS uses to track a taxpayer, including an SSN (individuals), an EIN (businesses), or an ITIN (n...

VAT

uk · eu

VAT (Value Added Tax) is a consumption tax charged at each stage of a supply chain in the UK, EU, and most other countries outside the US, ultimately paid by the end consumer and r...

VAT number

uk · eu

A VAT number is the unique identifier a national tax authority issues to a business once it registers for value-added tax, used on every VAT invoice and to validate the business in...

Withholding tax

Withholding tax is income tax that the buyer deducts from a supplier's invoice before paying and remits directly to the tax authority on the supplier's behalf, used most often for ...