Companies selling goods as mobile phones, tablet PC’s, laptops, game consoles or integrated circuit devices (e.g. CPU’s) in the total value of Euro 10.000 or more have to apply reverse charge mechanism for local Dutch supplies as from 1 of April 2013. Reverse charge mechanism means that the purchaser has to account for the VAT due on the transaction in his own VAT return. Read More »
Tag: VAT fraud
How to fight against VAT fraud quicker – Directive 2006/112/EC amendment (quick reaction mechanism against VAT fraud)
One of the topics high on the agenda in nearly every country, but especially in Europe, is to increase the governmental revenue. Improving the tax collection and tackling tax evasion are seen as ways how to achieve it. VAT fraud schemes like carousel and missing trader fraud evolve rapidly. These fraud phenomena have very often international dimensions. Read More »
Michaela Merz 