Description

Many companies carry out purchasing and selling operations for goods or services in the European Union. The regulations concerning these intra-community operations are complex and evolving. Good knowledge of VAT rules relating to intra-community transactions is essential to comply with reporting obligations and prevent tax risks. This is the purpose of this intra-community VAT training which leads you to determine the VAT rules applicable to different transactions and to carry out the various DEB, DES and VAT reporting obligations.

Who is this training for ?

For whom ?

Chief accountant and employee of the accounting or administrative or logistics services in charge of the VAT declaration, the DEB or the DES.

Prerequisites

None.

Training objectives

Apply the VAT rules relating to intra-community exchanges of goods and services

Know and practice the reporting obligations

Complete the Declaration of Exchange of Goods (DEB) and the VAT declaration

Obtain reimbursement of foreign VAT .

Training program

• Understand the rules of territoriality
  • The territorial scope of VAT.
  • Define the different operations: internal; intra-community; extra-community.
  • Principles of localization of an operation.
• Situate the different obligations of taxable persons
  • The identification number.
  • Invoicing obligations.
  • Mandatory information on invoices.
  • Declaration of intra-community operations: the different applicable regimes.
  • Registers: nature, keeping and conservation.
• Process intra-community deliveries and acquisitions
  • Intra-community acquisitions.
  • Intra-community deliveries.
  • Rules for payment and declaration of operations.
  • Complex operations: custom work; triangular operations; transfers of goods.
• Complete the goods exchange declaration and mandatory records
  • Who is liable for the DEB? Operations to be mentioned on the DEB.
  • Information to be provided on the DEB.
  • Corrections and risks incurred on the declaration.
  • Mandatory registers.
• Apply the rules relating to the provision of intra-community services
  • In the B to B regime.
  • In the B to C regime.
  • Exceptions: rental of means of transport, ...
  • Complete the exchange of services declaration (DES).
• Organize to meet obligations Identify the main risks. Organize for the establishment of the DEB and the DES.
  • Obtain a refund of foreign VAT.