- Travel agencies pay VAT only on their commission, not the full travel package price
- VAT taxable base limited to agency’s commission
- Special rule to avoid double taxation
- Agencies must account for and report VAT on commission, not full package price
- Accurate reporting crucial for VAT compliance
- Tax authorities may scrutinize VAT reporting
- Proper record-keeping and invoicing important for audits
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.
