Description
The upcoming session will focus on the complexities of the reverse charge mechanism, a key aspect of VAT compliance. Typically, the supplier is responsible for paying VAT, but under this mechanism, the obligation shifts to the recipient. We’ll examine how this approach helps combat tax avoidance, evasion, and fraud in domestic transactions.
Additionally, the session will highlight its importance in cross-border trade, where it eliminates the need for suppliers to register for VAT in the recipient’s Member State, and its role in streamlining intra-community triangular goods transactions.
Brandon Gatt
