Plenary meeting on VAT ended by core groups’ reports

2018-10-02 07:47:00   |   Author: Dr. Véber Emília

Plenary meeting of the Contact Committee Working Group on VAT continued on the second day by the reports of the core groups. Mr Giovanni Coppola and Ms Jeanette Bachmann demonstrated the core groups’ activities over the past two years. As closing of the event, activity report of the working group on VAT was accepted by the participants unanimously.

 

On the second day of the plenary meeting, Mr Giovanni Coppola, head of core group 1. demonstrated the results of split payment, which had been launched first in Italy among the EU member states, but it is applied only in certain branches of the Italian economy. According to the Italian Revenue Agency, split payment has contributed to increase VAT revenues by 3.5 billion EUR since its introduction. Mr Giovanni Coppola said, that split payment combined with electronic invoices eliminates the asymmetric behaviours of taxpayers. In addition to Italy, Poland and Romania has launched split payment system. In Poland split payment has a voluntary character and all entity can take part in it. In Romania, split payment is mandatory for all entity.

 

participants of the working group

 


Ms Jeanette Bachmann senior auditor spoke about the status of the ongoing international joint audits, and about the national audits performed in the topic of VAT. Romania performed an audit regarding to VAT reimbursements, while Poland did the same regarding to fictitious invoices. In case of State Audit Office of Hungary, Ms Jeanette Bachmann highlighted the audit on the National Tax and Customs Administration’s IT system, finished in 2017. More details about the audit can be found here.

 

After the core groups’ reports, auditors from Czech Republic, Slovakia, Bulgaria and Spain presented their newly introduced national provisions against VAT fraud.

 

As closing of the event, activity report of the working group on VAT was accepted by the participants unanimously.

 

 

Ildikó Salamon
planning manager

 

Emilia Véber, dr.
analyst