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Post by account_disabled on Jan 1, 2024 8:54:34 GMT
Find out what has changed. What is VAT exemption Whenever a taxable person issues an invoice on which the VAT rate is not applied it is mandatory by law to indicate the justifying reason for this. These justifications are organized for reasons of exemption within the scope of the obligation to communicate data from billing documents provided for in Decree Law no. of August. In other words since January it has been mandatory to use the table defined by the Tax Authority that contains the codes justifying exemption or non payment of VAT. Reasons for Phone Number List VAT exemption what's new In June tLet us then look at the main changes to the reasons for exemption or non payment of VAT. Firstly we have the suppression of reason M Cash requirements which will cease to ehis year the Tax Authority published a new software integration manual for communicating documents via webservice . With this new document the. Tax Authority also updated the table of reason codes for exemption or non payment of VAT page of the manual . These changes to the table of reasons for VAT exemption follow legislative changes to the e commerce VAT package and pa In other words the Tax Authority intended to standardize new VAT exemption codes that are more adapted to current businesses and the economic reality of companies. These changes to the reasons for VAT exemption come into force from the beginning of . Reasons for VAT exemption main changes xist from January.
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