Reverse Charges

What is an Importer of Record (IOR) and an Exporter of Record (EOR) on VAT ?

You are a non-European company and you use the DDP and EXW Incoterms for your sales and purchases from the French territory? You are likely to act as an IOR/EOR…

Belgium – Extension of the reverse charge mechanism for the construction sector

Usually, VAT is payable by the supplier of services or the seller of goods. However, the European directive allows EU Member States, for domestic transactions carried out on their territories, to make the customer liable for VAT by applying the reverse charge mechanism. Belgium has opted to apply this mechanism to the construction sector in...

Country Briefs Belgium Construction Reverse Charges

5 January 2023

France – Publication of the New List of French Airlines Exempt from VAT Certification

The list of French airlines who meet the conditions of Article 262 II 4°, and exempted from attestations to their suppliers to benefit from the VAT exemption, has been updated on September 7, 2022. Under Article 262 II 4° of the General Tax Code, are exempt from VAT: the supply, processing, repair,...

Country Briefs Spain Construction Autoliquidation Déclarations formulaires etc.Exonération de TVA Immatriculation TVA Reverse Charges Taux de TVA

22 November 2022

Spain – Changes to the reverse charge system in Spain

The Spanish Finance Bill for 2023 includes measures to modify the existing reverse charge system in Spain. These include: L’extension du mécanisme d’autoliquidation domestique (entre assujettis établis et identifiés à la TVA en Espagne) pour la livraison de déchets plastiques et de matières textiles La suppression du mécanisme d’autoliquidation pour les...

Country Briefs Spain Construction Reverse Charges

12 November 2022

Italy – Extension of the reverse charge mechanism until 2026

Article 17 of Presidential Decree n°633 of 26/10/1972 provides that the following goods and services are subject to the reverse charge mechanism when they meet certain criteria Sales of video game consoles, tablets, laptops, Integrated circuit devices (microprocessors and CPUs) Greenhouse gas emission allowance transfers Energy (gas and electricity) Certain subcontracting services in the construction...

Country Briefs Italy Reverse Charges

26 June 2022

DEB / INTRASTAT become EMEBI in 2022

Are you a foreighn company importing goods into France? If so, from 2022 onwards, you must have a French VAT number and use the reverse charge mechanism on the French…

France VAT Regulations Import Export Reverse Charges VAT registration 11 January 2022

Romania – Extension of the reverse charge mechanism until 2026

Article 331 of the Romanian Tax Code indicates that the following goods and services are subject to the reverse charge mechanism when they meet certain criteria: ferrous and non-ferrous waste some woods cereals and plants energy (electricity and gas) Transfer of greenhouse gas emission allowances Investment gold land construction cell phones integrated circuit devices (microprocessors,...

Country Briefs Romania Reverse Charges

18 June 2022

European Union – Extension of the reverse charge mechanism until 2026

Council Directive (EU) 2022/890 of June 3, 2022 allows Member States to make the recipient of supplies of goods and services liable for the reverse charge of VAT until December 31, 2026. This concerns the supply of goods and services in sectors that represent a certain risk of tax evasion, including transfers of allowances to...

Country Briefs European Union Reverse Charges

7 June 2022

France – The web service for the reverse charge is available

As a reminder, since January 1st, 2022, the VAT due on imports is no longer settled in customs and the reverse charge mechanism of the VAT due on imports is generalized and mandatory for all companies. Based on the information contained in the customs declarations, the French tax authorities pre-fill the French VAT...

Country Briefs France Declarations, forms etc.Import Export Reverse Charges

28 February 2022

France – VAT reverse charge on import becomes mandatory and importing companies must obtain a VAT number

From 2022, the management, collection and control of VAT due on imports will be transferred to the tax authorities. This means that VAT will no longer be settled at customs and that the VAT reverse charge on import will be mandatory ! For this to happen, all companies importing goods ito France will have to register...

Country Briefs France Import Export Reverse Charges VAT Payment VAT registration

26 November 2021

Reverse charge mechanism: importers into France must obtain a French VAT number from 2022

Are you a company not established in France that imports goods into France? If so, from 2022 onwards, you must have a French VAT number and use the reverse charge…

France VAT Regulations Import Export Reverse Charges VAT registration 9 December 2021

United Kingdom – New Measures for E-Publishing and Reverse Charges

Following the proposal of the EU Council to authorise Member States to reduce the VAT rate on electronic publications to bring it in line with the rate its print equivalents, the UK had taken the decision to reduce the rate from 20% to 0% from1st December 2020. However, due to the current health crisis (covid-19),...

Country Briefs United Kingdom (except Northern Ireland) Media, Press, Culture Covid-19 Reverse Charges VAT rates

17 April 2020

United Kingdom – New VAT Measures

The UK Chancellor of the Exchequer had announced the following regarding UK VAT: No more tax on electronic books and publications: e-books, e-newspapers, e-magazines, academic e-journals . This measure was to come into force on 1st December 2020. However, due to the current health crisis (covid-19), the date has been brought forward to 1st May...

Country Briefs United Kingdom (except Northern Ireland) Media, Press, Culture Import Export Reverse Charges VAT Exemption

17 March 2020

France – Conditions for the Import VAT Reverse Charge Mechanism Removed

From 1st January 2022, France will abolish all requirements for businesses wishing to benefit from the reverse charge mechanism for import VAT. This scheme allows VAT-registered businesses to apply to the French tax authorities for authorisation to use the reverse charge mechanism on imports. Once accepted, there is no obligation to pay import VAT when...

Country Briefs France Import Export Reverse Charges

17 March 2020

United Kingdom – Reverse Charge Mechanism Extended for the Construction Sector

The reverse charge mechanism is not currently availale for the construction and building services sector. It was due to come into force on 01/10/2019 and has now been postponed until 1st October 2020. This mechanism will not be available for certain services. The following services are excluded: drilling for or extraction of oil or natural...

Country Briefs United Kingdom (except Northern Ireland) Construction Reverse Charges

18 November 2019