Read the VAT Package in EU

TAX CLUB © JPA International 2009 The VAT Package in EU What will change for European and non-European companies ? → Main points of the reform • Who is concerned ? This reform only concerns the BtoB business relations within the European Union. (EU... More

TAX CLUB © JPA International 2009 The VAT Package in EU What will change for European and non-European companies ? → Main points of the reform • Who is concerned ? This reform only concerns the BtoB business relations within the European Union. (EU Directive 112 becomes 8-th EU Directive) The BtoC business relation will keep the same rules as previously (until 2015) • Are there any changes in the present rules regarding the place of services? General rule: place of service is deemed to be: • where the client has established his business (if the client provides a valid VAT number) • where the supplier has established his business (if the client does not provide a valid VAT number) Exceptions: • Services connected with immovable property – same rule • Cultural, artistic services – same rule • Passenger transportation – same rule • Work on movable goods: B2B relation – same rule, but no longer need for the proof of transportation and VAT number) B2C relation – pla Less