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Global VAT Guide: June 2023 VAT Updates

  • Belgium is introducing changes to the way VAT account statements are sent to registered taxpayers, with notifications only being sent in certain situations. A new law has also been published aimed at improving VAT collection, including extending the due date for filing quarterly returns and introducing the option to pay tax due by direct debit.
  • Finland is introducing a software-specific API key for the use of real-time Vero API interfaces from 1 June 2023. Hungary has been granted a higher VAT registration threshold until 31 December 2024,
  • while in Italy, an updated version of the VAT refund/credit request form has become mandatory.
  • Lithuania has published updated guidance on how to complete VAT Return FR0600.
  • …..

Source Taxbackinternational


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