VAT in Belgium : the due time for filing the VAT return in Belgium is in principle the 20th of the month following the period. The same applies to the payment of VAT and the filing of intra-Community listings of goods and services.
VAT in Belgium : Businesses submitting monthly VAT returns in Belgium should, in principle, pay an advance on the VAT due for the December operations, which corresponds to the amount of VAT effectively due on the operations taking place between December 1st and December 20th. This VAT advance does not have to be paid in every case.
VAT in Italy: deduction of input VAT that is charged too late. A European business, which is registered for VAT in Italy as a foreign entity, made a supply which was subject to Italian VAT. In first instance, an invoice with no VAT was addressed to the customer. It however appeared that it was a mistake and that local VAT had to be charged. As a consequence, the supplier decided to correct the invoice and regularize the situation a posteriori.
The VAT authorities may deny the right of deduction when VAT is not due, on the basis of an invoice including VAT where the said VAT is paid by the … Read More
Businesses submitting monthly VAT returns in Belgium should, in principle, pay an advance on the VAT due for the December operations, which corresponds to the amount of VAT effectively due … Read More
Intra-Community supplies of goods are exempted from VAT if your company may evidence that the goods have effectively been transported outside Belgium. This proof may be provided by a set … Read More