The European VAT Handbook provides detailed information about VAT
in Europe for practitioners who need to know about VAT issues in
their daily work. In addition to practitioners involved with VAT
issues, the book could be used by firms or academic institutuins
teaching the subject.
In this book gives a detailed VAT structure of all EU countries
together with Norway and Switzerland, in an easy-to-understand
style. The comparison of VAT structures between different EU
countries is provided. The book also includes annexes which give a
good overview of the VAT rates, VAT registration, distance sales
and acquisition tresholds and simplification measures applicable in
various European countries.
The book concentrates on areas where the various European countries
apply different rules. The EU VAT system leaves the possibility to
apply certain simplification measures like reverse charge, bad debt
relief, postponed accounting on import or various types of
warehouses. In addition to those, the book provides an overview of
various other simplification measures which are applied for
consignment and/or call-off stocks, chain supplies, installation
supplies, intra-group supplies or transfers of business. The
effective use and enjoyment rules are also provided.
In addition to being an excellent source of knowledge for VAT
planning, the books also provides detailed information about VAT
compliance. The details of the VAT registration, VAT return,
European sales listing, Intrastat, invoicing and self-billing
requirements are given. The book also contains the details
regarding VAT refunds and penalties. The links are provided to the
relevant webpages where additional details regarding the VAT
compliance in the Europian countries could be attained.