VATupdate

Share this post on

In what situations and under what conditions can I donate goods for charity, without negative VAT consequences?

When VAT payers donate goods, this can have adverse tax consequences. As far as VAT is concerned, this may mean that VAT has to be paid on a “fictitious” supply (withdrawal) or on an alleged sale of these goods (legal presumption). Over the years, the position of the VAT legislator/administration has eased somewhat in this respect.

Source: tiberghien.com

Sponsors:

VAT news
VAT news

Advertisements:

  • vatcomsult