31 May 2017
In an effort to prevent VAT fraud a new domestic reverse charge rule will be introduced on the sale of telecom services to businesses in the Netherlands.
This measure will mean that the providers of telecom services will no longer have to charge VAT on their supplies to other business customers, as it will now be the business customer’s responsibility to account for the VAT on these services.
It is likely that this new measure will be introduced from 1 June 2017.
LATEST NEWS
Italy confirms bank guarantee requirements for VAT...
The Italian Revenue recently published specific information regarding non-EU companies engaging in intra-EU trade of goods to and from Italy. Businesses...
SEE MORE
LATEST NEWS
Germany coalition government to reintroduce 7% reduced...
The German government has confirmed the reinstatement of the 7% reduced VAT rate for food sales by hospitality businesses, from 1 January 2026. This VAT rate...
SEE MORE
LATEST NEWS
Sri Lanka to apply VAT on B2C e-services from...
The Inland Revenue Department of Sri Lanka confirmed it will introduce VAT on digital services supplied by non-resident providers to Sri Lankan...
SEE MORE