The guidelines cover the VAT taxation of second-hand goods, works of art, collectibles, and antiques. It also includes information on the general VAT taxation of the sale of goods, including the option for marginal taxation procedure in certain resale situations. The marginal taxation procedure allows for the calculation of VAT based on the retailer’s profit margin. This procedure is voluntary and can be chosen for each sale transaction that meets the conditions for marginal taxation.
Source Vero.fi
