[ONLINE] Cross-border Transactions & International Trade – A VAT Perspective – 20 November

Cross Border Transactions and International Trade often give rise to new situations/scenarios wherein a differentiating factor may trigger a change in the VAT treatment adopted in similar past transactions. In this respect it often happens that one is not fully aware as to which is the correct VAT Treatment to be adopted in such situations, keeping in mind also the VAT treatment being adopted by the involved parties in other countries and EU Member States.

Instructed by: Saviour Bezzina. in: Uncategorized

Seminar Description

Cross Border Transactions and International Trade often give rise to new situations/scenarios wherein a differentiating factor may trigger a change in the VAT treatment adopted in similar past transactions. In this respect it often happens that one is not fully aware as to which is the correct VAT Treatment to be adopted in such situations, keeping in mind also the VAT treatment being adopted by the involved parties in other countries and EU Member States.

The scope of the sessions is to first give an overview of the main types of cross border transactions that may exist (ICS/ICAs/Triangulation, Imports/Exports, EU cross border supplies of services including Electronically Supplied Services, Non-EU Supplies of Services etc.) and their respective VAT treatment. We will also identify the questions which need to be answered, which criteria need to be satisfied, and the procedure which needs to be adopted in each case to arrive at the appropriate VAT Treatment. The session will also discuss the concept of Reverse Charge Mechanism, how it is to be applied, and how such cross-border transactions are to be declared in the local VAT Forms (VAT Returns, Recapitulative Statements, Intrastat Forms, Forms 04 etc.)

 Agenda:

 Part 1 – Goods

• VAT Treatment – Cross Border Supplies of Goods (ICSs, ICAs, Movement of own Goods, Call-Off Stock, Triangulation, Imports, Exports, Distance Sales)
• Declaration in Maltese VAT Forms and Compliance obligations
• Practical Examples

 Part 2 – Services

• VAT Treatment – Cross Border Supplies of Services (B2B, B2C, EU, Non-EU, E-Commerce, Electronic Services, OSS)
• Declaration in Maltese VAT Forms and Compliance obligations
• Practical Examples

CPE

Qualifies for 2 CPE Professional hours under the core competency area.

Course Fee

The course fee is €60.00 Non-Members 55.00 For Members. The fee covers seminar participation and access to event resources. Login details will be provided closer to the date.

A receipt will be issued to all participants.

Event Resources

Participants will receive the event resources by email.

Additional Information

For more information, kindly use the following communication mediums:

T: 21 58 53 74   M: 77 01 17 19   E: info@skillsmalta.com      Webpage: www.skillsmalta.com