Federal Tax Authority Revises Turnover Declaration Rules for VAT Group Registrations

• The Federal Tax Authority has updated the turnover declaration requirements for VAT groups.
• VAT groups must now follow new procedures when declaring turnover.
• The changes aim to improve compliance and reporting accuracy.
• Businesses in VAT groups should review and adapt to the updated requirements.

Source: research.ibfd.org

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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