VATupdate

Share this post on

Special reasons for reporting VAT for a shorter accounting period

If there are special reasons in an individual case, the Swedish Tax Agency may decide that the reporting of VAT shall be made for a shorter reporting period than the period the taxpayer shall normally have for his reporting of VAT based on the scope of the tax base. A shorter accounting period refers partly to an accounting period of one calendar quarter instead of a tax year, and partly to an accounting period of one calendar month instead of one calendar quarter or one tax year. There are special reasons if the Swedish Tax Agency has a clear interest in having an earlier check that the VAT is reported and paid correctly. The assessment of whether there are special reasons must be made in each individual case and on the basis of all objective circumstances.

This position replaces the position “Special reasons for reporting VAT for a reporting period of one calendar month”, from 12 December 2007, no. 131 746687-07 / 111 . The new position has been adapted to the provisions of the Tax Procedure Act (2011: 1244), SFL. The new position clarifies that the special reasons for reporting VAT for a shorter accounting period also include the accounting period a calendar quarter instead of a tax year. What may be special reasons have also been developed in more detail. In this part, the new position does not imply any change in substance.

Source: skatteverket.se

Sponsors:

VAT news
VAT news

Advertisements:

  • VATupdate.com
  • AXWAY - VATupdate Banner