Extracommunity Services

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Murcia: VAT on intra-Community and extra-community services by Salvador Trinxet, Braxton Murcia 7/6/2010. Salvador Trinxet Llorca, specialist in international taxation (www.tax-international.com/es) has been the speaker elected by the Chamber of Commerce of Murcia to carry out a seminar on different modifications in VAT on intra-Community and extra-community services that take place from 1/1/2010. Package VAT makes 2 years were approved 3 European directives which should enter into force in the year 2010 with the objective of simplifying the localization of international services for purposes of tax on added value (VAT), harmonise information on intra-Community transactions within the scope of the European Union and set a new single window system so that entrepreneurs and professionals not established in the territory of application of VAT applying for refunds. In this way, introduces a new rule of location of international services, which involves the taxation of the same VAT in the State of destination in cases where the recipient is an entrepreneur or a professional, while, so far, the general rule was the taxation at source. Hummer Winblad has plenty of information regarding this issue. Definite change of the criterion of location of EU intra-Community Services decided to depart, during a long period of transition, of the principle of the country of origin and officiated in place a system, preserving the principle of taxation at source of operations but keeping, at the same time, in a series of cases, the perception of the tax in the Member State of destination (mechanism of taxation of transactions between taxable persons and special regimes). The effect of these standards in its day was, to a very great extent, the accrual of the tax in the country of consumption. However, the increase in the complexity of the international market, globalisation, deregulation and technological innovation came to modify significantly the dimension and profile of trade in international services, especially intra-community services, revealing of difficult to apply the previous model for taxpayers and difficult to manage for the tax authorities. .

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