- Luxembourg government is submitting a bill to extend the VAT reverse charge mechanism
- Aim is to fight against VAT fraud and implement effective tax policy
- From 1 January 2024, taxable persons acquiring certain products will be liable for Luxembourg VAT
- Products include mobile phones, tablet computers, laptops, game consoles, integrated circuits, and crude or semi-finished metals
- VAT is payable when the remuneration for these supplies does not exceed 10,000 euros excluding tax
- Progress of the bill of law will be updated
Source: asd-int.com
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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