[ONLINE] VAT Treatment of Cross-Border Transactions- 23 February 2022

Cross Border Transactions give rise to new scenarios wherein one is not fully aware of 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).

 

The scope of the session is to first give an overview of the main types of cross border transactions that may exist (Part 1 Goods – ICS/ICAs/Triangulation, Imports/Exports, Distance Sales, Part 2 Services –  EU cross border supplies of services including tele-communications, Broadcasting and Electronically Supplied Services, Non-EU Supplies of Services etc.) and their respective VAT treatment.

Instructed by: Saviour Bezzina. in:

Seminar Description

Seminar Description

 

Cross Border Transactions give rise to new scenarios wherein one is not fully aware of 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).

 

The scope of the session is to first give an overview of the main types of cross border transactions that may exist (Part 1 Goods – ICS/ICAs/Triangulation, Imports/Exports, Distance Sales, Part 2 Services –  EU cross border supplies of services including tele-communications, Broadcasting and 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 in order to arrive at the appropriate VAT Treatment. We will also discuss the concept of Reverse Charge Mechanism and how it is to be applied and also how such cross border transactions are to be declared in the local VAT Forms (VAT Returns, Recapitulative Statements, Intrastat Forms, Forms 04 etc.). All this will be achieved via discussing numerous examples covering the various types of cross border transactions in a user friendly manner whilst encouraging questions from the attendees to make the session as relevant as possible.

CPE

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

Seminar Fee

The seminar fee is €40.00. The fee covers seminar participation and access to event resources.

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

 

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