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Possible Changes to VAT Payment Obligations with the Introduction of Spy Invoice

  • The spy invoice may no longer require the assignee to pay VAT
  • The draft delegated decree on sanctions may only require reporting
  • Specific sanctions for missing or irregular invoices
  • Assignee can avoid sanctions by regularizing the transaction within specific deadlines
  • Regularization done through the Electronic Invoicing System
  • Assignee must annotate the regularization in the purchase register for deduction
  • Changes may occur if the draft decree on sanctions is approved
  • The new text may change the obligations for assignees or contractors

Source: eutekne.info

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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