Post by account_disabled on Nov 6, 2023 6:45:37 GMT 2
If a service is provided continuously for a period longer than one year and for which no payment or settlement deadlines expire in connection with its provision in a given year, it is deemed to have been provided at the end of each tax year until the provision of the service is completed. Example Mrs. Marzena purchased a license from a foreign company for an IT program, which she settles in a quarterly settlement period. In such a case, the tax obligation will arise at the end of the last day of the month ending the quarter, for example for the first quarter it will be March.
Example Mr. Paweł purchased a transport service from a French company and paid an advance payment of EUR on April , the service philippines photo editor was performed on May along with the payment of the remaining amount of EUR . In such a case, tax liability will arise on two dates April and May . Import of services – moment of deduction of input VAT The right to deduct input VAT is provided that the entrepreneur is an active VAT payer and has reported VAT due on the import of services. For an active VAT payer, the settlement of the import of services will be tax neutral under VAT.
VAT due will be at the same time as input VAT Output and input VAT can be settled in the same settlement period Settlement of import of services - active VAT payer The settlement of the import of services will depend, among others, on depending on how such a service is shown on the received document, most often it will be an invoice. In practice, various scenarios are also possible when it comes to the issued invoice, we will deal with the ones described below Version The entrepreneur has an EU.
Example Mr. Paweł purchased a transport service from a French company and paid an advance payment of EUR on April , the service philippines photo editor was performed on May along with the payment of the remaining amount of EUR . In such a case, tax liability will arise on two dates April and May . Import of services – moment of deduction of input VAT The right to deduct input VAT is provided that the entrepreneur is an active VAT payer and has reported VAT due on the import of services. For an active VAT payer, the settlement of the import of services will be tax neutral under VAT.
VAT due will be at the same time as input VAT Output and input VAT can be settled in the same settlement period Settlement of import of services - active VAT payer The settlement of the import of services will depend, among others, on depending on how such a service is shown on the received document, most often it will be an invoice. In practice, various scenarios are also possible when it comes to the issued invoice, we will deal with the ones described below Version The entrepreneur has an EU.