VAT and International Trade course

VAT is a dynamic and rapidly-changing consumption tax of increasing importance in international trade. To help businesses better understand the impact of VAT, we have designed a course focusing on the international trade of goods (B2B). The course addresses how an organization should account for VAT on its cross-border transactions of goods (B2B) with customers and suppliers. A better understanding of VAT will enable organizations to deal more efficiently with international VAT, while potentially reducing the risks of tax audits and penalties.

VAT is a dynamic and rapidly-changing consumption tax of increasing importance in international trade. To help businesses better understand the impact of VAT, we have designed a course focusing on the international trade of goods (B2B). The course addresses how an organization should account for VAT on its cross-border transactions of goods (B2B) with customers and suppliers. A better understanding of VAT will enable organizations to deal more efficiently with international VAT, while potentially reducing the risks of tax audits and penalties.

The course covers a wide range of diverse topics, but the presenters will also address questions from participants relating to their specific organizations:

  • Some principles underlying the European VAT system
    brief overview of the envisaged reform of the European VAT system
    - brief update on quick fixes effective as of January 1, 2020
  • Notion of VAT taxable persons
    - concept of VAT grouping
    - head office and fixed establishment
    - ‘Purchase fixed establishment’
  • VAT recovery rules
    - pro rata recovery
    - pre pro rata recovery
  • International supply chains, including:
    - imports and exports (how the deferment license works)
    - intra-Community supplies and intra-Community acquisitions
    - triangular supplies (multi-party contracts)
  • Cross-border services (B2B)
    - general rules
    - exceptions
  • Invoicing
    -
    importance of an invoice
    - VAT invoice requirements
  • VAT compliance process
    - VAT returns
    - European Sales Lists and Intrastat
    - supplementary VAT returns
  • Some recent developments
    - dealing with the Dutch tax authorities
    - attention areas in case of audits

Program

12:30  p.m.   Welcome and lunch
1:00    p.m.   Course commences
3:00    p.m.   Tea/coffee break
3:15    p.m.   Course resumes
5:15    p.m.   Drinks
6:00    p.m.   End

Presenters

Rahiela Abdoelkariem and Frank Prinsen

NOB PE hours

This course complies with the course requirements stipulated in the PE Regulations of the Dutch Association of Tax Advisors (Nederlandse Orde van Belastingadviseurs; NOB). You can earn 4 PE hours by attending. Participants will receive a certificate of attendance.

Fee

EUR 375 (exclusive of VAT).

Registration

Click here to register for this course. 

More information

For registration information please contact Jolanda van Leijden on T: +31 (0)88 909 1379 or by email (vanleijden.jolanda@kpmg.com).

For information about the course content please contact one of the presenters, Rahiela Abdoelkariem, Abdoelkariem.Rahiela@kpmg.com or Frank Prinsen, Prinsen.Frank@kpmg.com.

© 2020 Meijburg & Co, Tax & Legal, is een samenwerkingsverband van besloten vennootschappen, staat ingeschreven in het Handelsregister onder nummer 53753348
en is aangesloten bij KPMG International Cooperative ("KPMG International"), een Zwitserse entiteit. Alle rechten voorbehouden.