VAT – Master the key principles and update your knowledge
  • Corporate taxation and associated risks - Fundamentals of corporate taxation and associated risks.
  • Tax Processes - Understand tax mechanisms and master the implementation of tax processes and associated deliverables (tax consolidation, corporate income tax, group tax rate, CET-VAT, etc.)

Target audience

- Accounting managers
- Chartered Accountants, Statutory Auditors
- Consolidation and Accounting Directors
- Financial managers

1 day

Prerequisites

This training does not require any particular prerequisite.

Objectives

– Know and understand the applicable rules
– Understand technical difficulties related to recent evolutions
– Implement or improve VAT processing

Detailed content

> VAT application scope

– Transactions inside and outside the VAT application scope: dealing with grants and indemnities. Notion of direct link.
– Taxable or exonerated transactions
– Update on VAT reform on real estate and self-deliveries

> Territoriality principle

– Delivery of goods: reminder on the general rule. Latest developments on import reverse-charging; « Carousel fraud » mechanism.
– Rendering of services: reminder on the general rule; B2B versus B2C; latest developments
– Summary on reverse-charging cases

> Reporting obligations: VAT identification, invoicing, European services declaration, goods exchange declaration, reliable audit-trail requirements

> Reclaiming VAT (in whole or in part)

– Legal rules for deducting VAT and new calculation conditions
– Allocating expenses and allocation methods
– New terms and conditions for calculating deductible amounts
– Use of the fixed rate deduction coefficient (formerly prorata)
– Settlement of deductible amounts
– Special cases for holding companies

Why should you attend?

VAT rules are constantly evolving due to new legal requirements, such as the recent changes on self-deliveries, « Carousel fraud » treatment, territoriality rules, audit trail implementation…
This practical and concrete one-day training is facilitated by an expert tax lawyer and allows you to master the key principles and recent changes.

Training methods and assessment

Work on several real-world scenarios illustrating the various issues. Many examples of concrete experiences drawn from real-life experience of the trainer.
Assessment questionnaire.
A training certificate is delivered at the end of the session.

The trainer is available by e-mail to answer any follow-up questions participants may have.

Price

1 070 € Excl. VAT – 1 284 € Incl. VAT

Médias

Témoignages

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Jonathan C.
Entreprise
Formation