Subject to VAT The value added tax system in the Netherlands corresponds with that currently used by all other EU-states. The following transactions are subject to VAT: the provision of goods and services by businesses within the Netherlands; intra-Community purchases of goods in the Netherlands in the course of business operations by entrepreneurs and corporations;…
A. Obligation to issue invoice Every taxable person shall ensure that an invoice, or other document serving as invoice, is issued, either by himself or by a third party, in his name and on his behalf, in respect of goods and services which he has supplied or rendered to another taxable person or to a…
New VAT identification number? Do not dispose of your old VAT number! All entrepreneurs with a sole proprietership will receive a new VAT identification number in the coming period. However, this does not mean that the old VAT number can be thrown away. The entrepreneur must continue to use this old number for communication with…
