Managing your VAT costs webinar
2021 will also bring new measures, many of them already announced. One of the most important changes will affect VAT rules for online cross-border sales of goods and services and is set to enter into force on 1 July 2021.
All these changes will impact cross-border online trade, so it is important that you and your organisation are ready for them.
Managing your VAT costs - 28 October 2021, 10:30 AM CET
VAT is a general tax that applies, in principle, to all commercial activities involving the production and distribution of goods and the provision of services. Since it is charged as a percentage of price, any limitation in the possibility to deduct input VAT can create a substantial additional cost for the business.
Such limitation might arise when VAT exemptions apply, such as for holding and financing activities. Fortunately, some alternatives already exist to soften the burden of non-deductible VAT and manage VAT in transactions between related parties.
Agenda:
- VAT Grouping
- Cost-sharing arrangements within groups
- TOGC (Transfer of Going Concern) exemption
- VAT exemptions and their consequences
- Holding and financing activities that might affect input VAT deductibility
Important information:
- The webinar is free, but registration needed.
- The webinar is in English.
Join us to discover these alternatives and get insights on the VAT issues associated with holding and financing activity.