Austria Reverse Charge bei B2B-Busbeförderung

2020 ◽  
Author(s):  
Thomas Pühringer ◽  
Volker Jorczyk
Keyword(s):  
Reverse Charge

scholarly journals IMPACT OF THE VAT REVERSE-CHARGE MECHANISM ON THE CASH FLOWS OF CONSTRUCTION COMPANIES IN THE SLOVAK REPUBLIC

2018 ◽  
Vol 6 ◽  
pp. 522-528
Author(s):  
Angelika Kútna ◽  
Norbert Gyurián ◽  
Zoltán Šeben
Keyword(s):  
Slovak Republic ◽  
Financial Burden ◽  
Value Added ◽  
Cash Flows ◽  
Business Environment ◽  
Value Added Tax ◽  
Construction Companies ◽  
Study Results ◽  
The Law ◽  
Reverse Charge

In 2015, the Slovak Parliament adopted the Law on Amendments to the Law on Value-Added Tax. This law came into force on January 1, 2016. One of the most significant changes was the introduction of a reverse-charge for the provision of construction works. A government statement of its positive influence on the business environment is inconsistent with the two-year experience in the building sector. The main goal of this paper is to establish the reason for the practical effects of the value-added tax reverse-charge mechanism on the construction companies. The hypothesis is that the negative effect on the cash flows of the construction companies increases ‘opportunity costs’ connected to excessive deductions. The paper focuses on evaluating and quantifying such an effect. It presents a comparison of the conditions before and after the adoption of the Act. No. 222/2004 Coll., as amended in 2016 and includes factors that influence costs and cash flows of construction companies. It but does not consider factors related to turnover and the economic situation.  The reverse-charge mechanism affects the total of tax owing, the total deductible tax, the total excessive deduction, and the construction companies’ cash flows. In this study, the data from the information system of the Slovak Republic, under the condition of anonymity, are analyzed for the period 2014–2017. The effect of the value-added tax is quantified by way of financial interest expenses. These expenses depend on time limits for the excessive deduction, total of tax owing, and on the excessive deduction amount. Indicators of ‘Financial Burden 1’ and ‘Financial Burden 2’ are calculated. The results show that the Law on Amendments of Value Added Tax has significantly affected the constructions companies since January 2016. The reverse-charge system has not changed the delay in excessive deduction payments to the taxpayer’s bank account. It has changed the amount of excessive deduction expressed through money and the total tax owing. Based on the study results, this change markedly affects the financial burden of construction companies and provides an ‘opportunity cost’ Value Added Tax payers‘ construction company.

scholarly journals Wpływ mechanizmu odwrotnego obciążenia na działalność małych i średnich przedsiębiorstw z branży budowlanej

2020 ◽  
Vol 16 (1) ◽  
Author(s):  
Anna Kowal
Keyword(s):  
Reverse Charge

Powodem wprowadzenia mechanizmu odwrotnego obciążenia w branży budowlanej były zaobserwowane nieprawidłowości w zakresie rozliczeń podatku VAT. Celem rozważań prowadzonych w artykule jest analiza istoty mechanizmu odwrotnego obciążenia VAT jako instrumentu do zwalczania oszustw podatkowych i jego ocena z trzech punktów widzenia: konstrukcji przepisów podatkowych oraz ryzyka podatkowego w związku z ich stosowaniem przez przedsiębiorstwo, branży, w której zastosowano mechanizm reverse charge oraz sektora małych i średnich przedsiębiorstw, które świadczyły usługi budowlane objęte mechanizmem odwrotnego obciążenia. W artykule zastosowano metodę ustrukturyzowanych wywiadów z właścicielami małych i średnich przedsiębiorstw z branży budowlanej. Odpowiedzi przedsiębiorców pozwoliły autorce przedstawić w ogólnym zarysie problemy w rozliczaniu usług budowlanych w Polsce po wprowadzeniu mechanizmu odwrotnego obciążenia. W artykule posłużono się krytyczną analizą aktów prawnych regulujących funkcjonowanie mechanizmu reverse charge. Zmiana legislacyjna dotycząca poboru podatku od transakcji związanych z usługami budowlanymi była nieprecyzyjna m.in. przez brak definicji podwykonawcy. Ustawodawca, widząc skalę problemów i nieefektywność zmiany legislacyjnej, po niespełna dwóch latach zastąpił odwrotne obciążenie obligatoryjnym systemem podzielnej płatności.

scholarly journals Principle of Vat Neutrality and the Reverse Charge Mechanism

e-Finanse ◽  
2018 ◽  
Vol 14 (3) ◽  
pp. 87-97
Author(s):  
Teresa Famulska ◽  
Beata Rogowska-Rajda
Keyword(s):  
Business Activity ◽  
Goods And Services ◽  
The Right ◽  
The Relationship ◽  
Reverse Charge

AbstractThe principle of VAT neutrality is among the fundamental characteristics of this tax. It is implemented through reduction of VAT output by the amount of VAT input. The right of deduction constitutes an integral part of the VAT mechanism and is intended to free the entrepreneur entirely from the burden of VAT paid for the goods and services purchased within the framework of business activity. However, in certain situations it is possible to shift the obligation to pay VAT to the customer being a taxable person by introducing a reverse charge mechanism. The purpose of the article is to identify the relationship between the implementation of the principle of VAT neutrality and the reverse charge mechanism. The conducted analysis of the essence and functioning of the reverse charge and the detailed findings drawn on its basis allow us to conclude generally that this mechanism does not affect implementation of this principle.

scholarly journals Hungarian Government on the Whitening of the Economy Measures to Stabilize the Budget

2021 ◽  
Vol 4 (4) ◽  
pp. p1
Author(s):  
Péter Novoszáth
Keyword(s):  
Tax Base ◽  
Black Economy ◽  
Verification System ◽  
Risk Of Failure ◽  
Legal Control ◽  
Reverse Charge

The Hungarian government developed a package of tools for improving legal control and compliance for Hungarian companies and entered into force between 2012 and 2021. Part of this complex package of measures sought to broaden the tax base without raising taxes, while others sought to reduce the size of the black economy by reducing the amount of illegally available benefits. The level of compliance may increase, as inspections are continuous, the risk of failure is high, and compliance with legal actions does not require a large intellectual or financial expense from the taxpayer. Part of this package was the obligation to use online cash registers, the introduction of reverse charge VAT, the targeted reduction of VAT rates, the introduction of an electronic goods tracking and verification system, and the introduction of online invoicing.

scholarly journals Value-added tax on imported electronic services: a critical evaluation of the newly enacted South Africa legislation

2017 ◽  
Vol 9 (1) ◽  
pp. 28-42
Author(s):  
Liza Coetzee ◽  
Marisca Meiring
Keyword(s):  
South Africa ◽  
Critical Evaluation ◽  
Value Added ◽  
The European Union ◽  
Value Added Tax ◽  
Digital Products ◽  
Tax Base ◽  
Competitive Disadvantage ◽  
Foreign Supplier ◽  
Reverse Charge

Effective from 1 June 2014, all foreign businesses supplying digital products such as mobile applications to be used in South Africa are required to register as vendors. This amendment was made to align South Africa with an international trend of bringing cross-border supplies of electronic services into the Value-Added Tax regime. It effectively shifts the Value-Added Tax liability from the importer to the foreign supplier. The reverse-charge-mechanism resulted in an erosion of the tax base and placed local suppliers of digital services at a competitive disadvantage compared to foreign suppliers. This paper critically evaluates the amendment to the Value-Added Tax Act using a literature review. The aim is to determine to what extent the amendments address the shortcomings of the reverse-charge mechanism, are aligned with practices in the European Union and New Zealand and whether they comply with the principles of an effective tax system.

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