Indirect Tax News - Issue 3/2017
October 2017
The Romanian VAT split payment mechanism requires that taxable persons and public institutions (whether VAT registered or not) must pay VAT related to their purchases of goods or services into a separate bank account specially opened by the supplier for collection of VAT.
- ROMANIA: The VAT split payment mechanism
- BELGIUM: VAT and the letting of immovable property
- CHILE: New requirements for claiming VAT credits
- And more!