EU VAT News

This is an article about correcting VAT return errors in Denmark. It discusses how to make corrections and the penalties for late payments. Companies must report VAT transactions in the country where they occur. If a mistake is made, a corrective VAT declaration can be submitted. However, Denmark charges late payment interest on corrections. The interest is 0.7% per month and is charged from the original due date. To avoid penalties, businesses should carefully review their VAT transactions.

This article explores VAT return filing in Germany, including deadlines and extension possibilities. The standard deadline is the 10th of the month following the taxable period (monthly or quarterly). Businesses can apply for a one-month extension with a prepayment requirement. Understanding these regulations and potential penalties for late filings is crucial for businesses operating in Germany. European VAT Desk offers expert guidance on German VAT compliance, including filing, extensions, and deadline management.

Intra-EU trade in 10 questions: request our chek-list Intra-Community Trade What should the seller do when the transport is organised by his customer? EU Trade Are you ready? VAT Guide … Read More

Invoice Is an invoice amount exclusive or inclusive of VAT? Version française Invoice with or without VAT? Discover the rules The importance of the contract for VAT purpose A business … Read More

Intra-EU trade in 10 questions: request our chek-list Intra-Community Trade The VAT regime for consignment stock arrangements – Simplification ? EU Trade Are you ready? VAT Guide Why move stock … Read More

VAT Obligations Can I reclaim VAT incurred before I registered for VAT purpose? Version française VAT registration abroad Are you ready? Discover the VAT guide The danger of being careless … Read More

Relations between a parent company and its subsidiary: caution with the fixed establishment in VAT

What is the due date rule when a service is fully completed but the parties contractually agree that the remuneration will be paid in instalments?

This article provides an overview of the tax and legal aspects that foreign businesses should consider when performing construction work in Belgium. It covers value added tax (VAT), income tax, social security, and labor law.