Uncategorized The European Commission this week released a value added tax (VAT) “gap study,” providing information concerning the amount of VAT due and the amount actually collected in the 26 EU Member States in 2012. 04 December 201411 views1 min read Read more Italy: Broader application of the reverse-charge mechanism • “Split payment” of supplies to Italian public bodies • A gradual increase in the rate of VAT The Belgian tax authorities issued final guidance concerning the VAT advance invoice regime.