VDMA Publishing House

5th edition of: VAT in the EU With country chapters on Austria, Belgium, Bulgaria, Czech Republic, Estonia, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Netherlands, Norway, Poland, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland, United Kingdom by specialist lawyers from the respective countries.A company operating in the European single market must deal with the national tax law of 27 member states. Otherwise, there is a risk of tax penalties, consequences of failure or loss of input tax deduction. This handbook deals with a topic that is particularly important for mechanical and plant engineering: the VAT treatment of work and assembly services or, in other words, the VAT handling of international project business. Companies operating across borders are often unaware of the tax complexity of their business model and expect simple and practicable procedures across national borders that pale into insignificance in the single European market. However, the reality is often different. Even though there is a harmonised VAT Directive in the EU, the tax administrations of the member states see one of their most revenue-generating taxes massively endangered by organised fraud, undeclared work and insolvencies.

The book is only available in English. Digital or in print: order here.