- Tax authorities send pre-filled VAT returns to taxpayers and compare them with taxpayer-submitted returns.
- Significant discrepancies trigger a notification requesting clarification.
- Taxpayers must respond electronically within 20 days of receiving the notification.
- Fines and penalties for non-compliance are suspended until 31 December 2025.
- The suspension period allows taxpayers to investigate and resolve the causes of discrepancies.
Source: taxand.com
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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