- Supply and installation agreements combine goods and services, making VAT treatment complex and varying across EU Member States.
- VAT is generally due in the country where installation occurs, but local rules and interpretations can differ.
- Common issues include misapplication of reverse charge, unexpected VAT registration requirements, and compliance failures.
- ERP systems often struggle to handle these complexities, increasing the risk of VAT errors.
- Automated VAT determination solutions tailored to supply and installation agreements can improve accuracy and compliance.
Source: meridianglobalservices.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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