- New guidelines clarify VAT application to exchange transactions.
- From January 1, 2026, VAT will be based on total transaction costs for new or renewed contracts.
- Existing contracts signed before this date will continue using the previous normal value method.
- Businesses with older agreements are protected under earlier rules.
Source: regfollower.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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