VAT Act amendment 2020
The amendment to the VAT Act was approved a few days ago and will enter into force on 1 January 2020. The amendment focuses on areas that need to be brought into line with European Union legislation. It discusses the introduction of the so-called. quick fixes in call-off stock mode, chain stores and more.
In Tax Alert we focus on:
- modifications to so-called call-off stock mode,
- new rules for chain transactions within the EU,
- widening the range of goods with a reduced VAT rate of 10%,
- determination of the tax base for the free delivery of small tangible assets
- and other.
Download Tax Alert in PDF version by clicking on the link below. If you have any questions about the Amendment, please contact us, we will be happy to answer.
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