The Netherlands – optional reverse charge for computer and mobile phones as of June 1, 2012

The Dutch State Secretary of Finance has announced (29 May) that he has taken measures to combat VAT carousel fraud, and that from 1 June 2012 an optional reverse charge mechanism will apply to supplies of mobile phones and computer parts with a value not less than Euro 10,000.

As the regime is still optional you might be still charged local VAT. If you are charged local VAT, be sure that you know your supplier and you are not facing the fact being a part of carousel fraud.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s