Manage the indirect tax aspects of your business in a steadily evolving environment
Manage the indirect tax aspects of your business in a steadily evolving environment
As per the new article 60ter para 1 of the Luxembourg VAT Law, entities belonging to a same group, established in Luxembourg and closely bound to one another by a financial, economic and organisational link can opt to form a new single taxable person: the VAT group. Have a look at the basics concerning this legislation:
Are you recovering all that you are entitled to? KPMG has developed a new market leading approach based on a combination of data analysis technology and a process designed to minimize manual invoice collection. Using technology, a company's credit card and/or expenses system can be analysed and a VAT opportunity report created. The report identifis potential VAT recovery amounts and targeted invoices.