Tuesday, November 24, 2009

How Long Does Colyte Last

The VAT refund procedure from 1.1.2010 newly regulated

With effect from the year 2010 within the EU, the VAT refund procedure ordered new. declared and fortunately is also largely achieved goal of the legislature, it was here, modernize and simplify the entire process of VAT refund to and .

More info here as
PDF .

are affected domiciled in the EU Contractor:
These have always been a fundamental claim it, to recover such sales tax amounts they have paid in connection with their business activities in another EU country; thinking here is to to input tax related business lunch , with accommodation or with the purchase of fuels:
purpose but a request had to refund foreign VAT in that Member State foreign made, the tax should be refunded. It was tedious and time-consuming and the language barrier was often a hard to overcome Hurdle.
entrepreneurs who achieve in foreign EU country even sales are not affected by this, since they make in another EU state sales tax returns or sales tax returns and settle this case, the foreign tax.
first The main innovation and simplification is that
applications continue to input tax refund only electronically and submitted exclusively in that State in which the compensation claimant is a resident accounts and (import) shall be made to the payment request, also by electronic means and only then only be attached if the income is at least 1.000, - €, for invoices on the purchase of fuel at least 250, - € is. Original invoices must be submitted in contrast to only in exceptional cases and at the government requirement.
The details of this procedure, we refer to one of our future newsletters.
second Compensation claims are no later than 30.9. (previously 30.6.) submitted the following year in the State of residence . The case of refund requests that are made after 31.12.2009, ie for input taxes in 2009.
It should be noted in conclusion that the minimum amounts of recoverable control applications or requests for years for the last period of a calendar year with effect from 2010 for 25, - € 50, - € will be raised. Where an application for a minimum period of three months provided, the application amount, so the tax to be refunded at least 400, - € amount.

0 comments:

Post a Comment