TTM International

What TTM International does

TTM International is a Minnesota-based professional services firm incorporated in 1993 by Managing Director Lorri Ann Hurst. The company prepares and submits VAT (Value Added Tax) refund claims on behalf of U.S., Canadian, European, Japanese, Taiwanese, and other foreign businesses that incur VAT on international purchases but cannot credit it against domestic VAT collected. TTM examines client expense patterns across complete corporate structures including subsidiaries, divisions, and industry sectors, then files claims with tax authorities across Europe, Japan, South Korea, Australia, and Canada.

The firm operates a single core service — the VAT Refund Claims Preparation Service — supported by "sophisticated computer support" for claim analyses and a curated educational resource library including the VAT Notebook and downloadable forms. Client industries include healthcare products and services, finance and insurance, industrial products manufacturing and distribution, and science and high technology services, ranging from large multinational corporations to small sole proprietor firms.

TTM generates revenue through quote-based professional services fees tied to claim complexity, with flexible pricing described as among the most flexible in the industry. The go-to-market is sales-led, relying on direct phone-based outreach, educational VAT seminars presented by the Managing Director at trade organizations and chambers of commerce, and a referral network of colleagues, travel agents, and industry contacts. The firm is privately held, bootstrapped, and founder-operated with no disclosed institutional investors, funding rounds, or parent company.

Name

TTM International

Legal name

TTM International, LLC

Website

https://ttminternational.com

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

11–50 employees

Short description

TTM International is a Minnesota-based VAT consulting firm that prepares and submits VAT refund claims on behalf of 1,100+ companies with international operations across healthcare, finance, industrial manufacturing, and high-technology sectors in the Americas, Europe, and APAC.

Ownership category

akta.pro rank

Product category

Tax Consulting Services

NAICS

Accounting, Tax Preparation, Bookkeeping, and Payroll Services (5412)

akta.pro primary industry

VAT/GST Tax Recovery & Receipt Compliance (THACADAF)

akta.pro secondary industry

Transfer Pricing & International Tax Services (BPAHABAI)

Keywords

• VAT refund services
• Value added tax
• Tax reclamation
• International tax consulting
• VAT compliance

Headquarters

HQ city

Minnesota City

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. VAT Refund Claims Preparation Services: Professional services revenue generated from preparing and submitting VAT refund claims on behalf of client companies. The company provides turnkey services maximizing returns while reducing client time investment. Flexible pricing options are offered.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

TTM International provides turnkey VAT (Value Added Tax) refund claims preparation services to companies that incur VAT on international business expenses in Europe, Japan, South Korea, Australia, and Canada. The firm examines client expense patterns, reviews complete corporate structures including subsidiaries and divisions, and submits refund claims to foreign tax authorities, managing language barriers, filing deadlines, and country-specific rules.

Product overview

TTM International is a single-service company offering VAT (Value Added Tax) refund claims preparation services to help companies recover VAT incurred on international business expenses. The core offering is the VAT Refund Claims Preparation Service, which provides comprehensive oversight, claims processing, and submission to tax authorities across multiple countries. The company also offers educational services including VAT Seminars and maintains a VAT Notebook resource for clients.

Differentiator

Problem solved

Functional benefit

Products and services

• VAT Refund Claims Preparation Service Turnkey end-to-end VAT refund claims preparation service for companies with international business expenses. Includes examination of client expense patterns, review of complete corporate structures (subsidiaries, divisions, industry sectors), claim preparation and submission to foreign tax authorities across Europe, Japan, South Korea, Australia, and Canada, and management of country-specific filing deadlines and language barriers.
• VAT Refund Seminars Educational seminar presentations covering VAT refund theory, refund opportunities, and claim procedures. Delivered to world trade organizations, travel agencies, and chambers of commerce, and includes extensive resources and sample forms.

Quantifiable outcome

• Companies can recoup up to 25% of international costs through VAT refunds
• +1 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• International VAT Association (IVA)minorOthersLorri Ann Hurst, founder and Managing Director of TTM International, is an active member of the International VAT Association (IVA). This membership provides access to industry networking, best practices, and regulatory updates in the VAT refund space.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• BDO Global: BDO is a global accounting and advisory network with international VAT and indirect tax practices that prepare VAT refund claims for multinational corporates. It competes with TTM at the larger end of the client spectrum while operating as a broad incumbent across many tax service lines.
• Ryan, LLC: Ryan is a large global tax services and technology firm offering indirect tax (VAT/GST) recovery and compliance as part of a broader tax consulting portfolio. It competes with TTM in VAT recovery for multinational clients while serving as a much larger, diversified incumbent.
• Global Blue: Global Blue is a leading VAT refund operator focused primarily on individual traveler tax-free shopping, but its corporate VAT services and technology platform place it adjacent to TTM's cross-border VAT recovery offering. It is a broader incumbent with overlapping capabilities but a different primary customer (travelers vs. businesses).
• KPMG Indirect Tax Services: KPMG's indirect tax practice includes VAT recovery and refund advisory for multinational enterprises across Europe, Asia-Pacific, and beyond. It competes with TTM for enterprise clients with international VAT exposure while operating as part of a much larger professional services firm.

Direct peers

• Meridian Global Services: Meridian Global Services provides VAT recovery, tax compliance, and business travel expense services to multinational companies. It competes with TTM in the cross-border VAT refund preparation space and serves a similar enterprise client base.
• VAT IT: VAT IT is a Sweden-headquartered specialist VAT reclaim service focused on non-EU businesses recovering VAT across European jurisdictions. It mirrors TTM's core offering of preparing and submitting VAT refund claims on behalf of client companies, making it a closely comparable direct peer.
• Taxback International: Taxback International is a VAT and tax refund services firm focused on cross-border indirect tax recovery for corporates and travelers. It is a direct peer to TTM in preparing VAT refund claims across multiple jurisdictions.
• VAT Global: VAT Global is a UK-based VAT reclaim and compliance specialist serving businesses with cross-border transactions. It directly competes with TTM in VAT refund claim preparation across European jurisdictions and adjacent markets.
• VATBox: VATBox is a technology-driven VAT recovery platform that automates reclaim of VAT and other indirect taxes for businesses across multiple jurisdictions. It is a direct competitor to TTM International in cross-border VAT refund claim preparation, targeting similar US and global business travelers and exhibitors with a software-enabled delivery model.

Regional players

• 1st Source Tax Consulting: 1st Source is a US-headquartered tax consulting firm offering VAT recovery and related services. It serves a similar US-based corporate client base as TTM with a comparable cross-border VAT refund preparation offering, primarily competing within the North American market.

Market position

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/ttm-international

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TTM International