VAT
VAT on music streaming service
IOUR Our client was an online music streaming service provider, emphasizing the dissemination of DJ sets and “educational sessions”. Issue Because the customer provided a mixture of live content and pre -recorded content, the position of the VAT was not as simple as it would have been, and the customer was concerned about the fact […]
Deliberate loss of VAT
Introduction – The tax issue and its importance The tax issue concerns the deliberate claiming of input tax by means of false invoices, which were issued for supplies that were never made. This is important as it concerns the integrity of the VAT system, ensuring that businesses accurately report and pay their taxes. Deliberate fraud […]
Case – Why it is important to understand if a property has chosen to be taxed with VAT
Introduction Our client purchased land that the seller thought would be covered by a tax option. The problem Adding VAT to the sales price would make the transaction untenable, as the customer would not be able to recover the VAT. How we solved it We reviewed documents dating back to 2004, when the initial taxation […]