11th Interactive & International VAT Summit in Budapest (29 & 30 April 2010)

The VAT Package 2010: How can you solve the problems you have encountered?

Consequences and practical solutions for the changes to the VAT law in 2010

>> Go To: www.vatforum.com/budapest for the complete programme.

Thursday 29 April 2010

What are the main problems companies are confronted with as a consequence of the changes in 2010? 
 

Professor Patrick Wille (president of VAT Forum and Managing Director of the VAT House, Belgium) will give an overview of the issues which have arisen when implementing the 2010 VAT Package.
Alain Cornet (Director – Global Indirect Taxes of Procter & Gamble) will explain how he has managed to implement the VAT package throughout the group. Practical problems will be addressed and the practical solutions will be explained.

Maryse Volvert (DG Taxud, European Commission, Brussels) will illustrate how they perceived the implementation of the 2010 VAT Package.

What are the main problems companies are confronted with as a consequence of the changes in 2010?

Hannes Gurtner, a partner at Leitner + Leitner, Austria, will analyse the following within the framework created by the VAT Committee guidelines:

When is a permanent establishment assumed to have received a service?

When is a permanent establishment assumed to be involved in a supply of a service?

The identification of a customer as a taxable person

Laurent Grençon, a partner at Atoz, Luxembourg, will look into the concept of a “taxable person”. What is a supplier supposed to do when his customer refuses to provide him with a valid EU VAT number? Many taxable persons are obliged to register for VAT when receiving services under article 44 of Directive 2008/8/EC. How do member states deal with this issue?

Storage of goods
 

Stefan Maunz, a partner at küffner maunz langer zugmaier, Germany will analyse whether these services are connected with immovable property or whether the main rule applies. It is important for the same rules to apply in all Member States in order to avoid double taxation or distortion of competition.

Risks of not being compliant: Penalties

Nicoletta Mazzitelli, a partner at CBA Studio Legale e Tributario, Italy, will analyse what the possible penalties are when no reverse charge is applied or when the reverse charge is applied incorrectly, as well as the penalties for not issuing a document to pay the VAT under article 44 of Directive 2006/112/EC.

Joint and several liability

Emmanuel Cotessat, a partner at Avocats Emmanuel Cotessat, France, will explain the concept of joint and several liability and look into the legislation of different member states in order to evaluate whether and under what conditions the joint and several liability rule applies to supplies of services under the main rule.

Networking gala dinner in the Elisabeth Hall of the Gundel Restaurant

Friday 30 April 2010

What are the practical problems with the new VAT refund procedure?

How to deal with VAT Groups?

A detailed analysis of the different possibilities and practical solutions will be dealt with by Professor Patrick Wille (president of VAT Forum and Managing Director of the VAT House, Belgium).

A VAT registration but no taxable transactions?

Another topic which will be analysed by Professor Patrick Wille is the situation where a company is registered for VAT in a certain member state but has not performed any taxable transactions during a certain (refund) period.

How do tax authorities deal with the refund of VAT?

The new procedure for filing VAT refund claims is not only a big challenge for companies but also for the European Commission and all the member states. A testimonial of how the authorities have digested the big move towards e-refunding will be held by Maryse Volvert of DG Taxud, European Commission.

How to act as an agent?
 

Jane Holmberg of Cash Back United will highlight the problems they have encountered when filing refund claims through the various web portals during the first quarter of 2010 under the new rules.

EC sales listings and the new reverse charge mechanism: a means to tackle fraud?
This session will be lead by Professor Patrick Wille together with a representative of a national government, tax authority or the European Commission (to be confirmed – see website).

New general reverse charge rules in Spain, Italy and Sweden

For Italy, Alessandro Portale, a consultant at Studio Portale, Italy, will explain the new provisions in the Italian VAT law and their consequences for the general reverse charge mechanism.

For Spain, Manuel Perez de Algaba, a partner at IVA consulta, Spain, will explain the implications of this change to the general reverse charge rule when doing business in Spain as a non-established taxable person.

For Sweden, Mats Holmlund, a partner at Skepssbron Skat, Sweden, will explain in full detail when companies should charge VAT in Sweden under the new liability rules.

Conclusions and wrap-up

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