The judgment by the CJEU (C-787/19) reaffirms that the TOMS also applies to travel services sold to other businesses. However, the Dutch ‘globalization scheme’, the method of calculating the VAT to be paid by tour operators based on the margin within a tax period, does not comply with the VAT Directive.
Source: Deloitte
Latest Posts in "Netherlands"
- Negative Annual Balance Dispute in VAT Margin Scheme for Youngtimer Cars and Watches
- €10,000 Fine for Late and Incorrect VAT Returns
- Interim use of horse does not preclude the application of zero rate for export
- Limburg Worries About Higher VAT on Flowers and Plants
- Tax Fraud Conviction for VAT Filing Offenses
