Advisory

Place of supply and tax point

In which country and at what time is your transaction taxed? Hanoutax answers both questions for each of your flows.

The service

The place of supply determines which country collects the VAT. The tax point sets the moment VAT becomes chargeable, and therefore the reporting period concerned. The rules differ for supplies of goods and services, and depending on the customer’s status. An error can lead to paying VAT in the wrong country or at the wrong time.

What we analyse

• Place of taxation of supplies of goods and services
• Special rules (real estate services, events, transport, digital services)
• Tax point and chargeability of VAT
• Treatment of advance payments and continuous supplies
• Consequences for your returns and invoices

How it works

1. You describe your transactions and contracts.
2. We determine the place and time of taxation.
3. We give you a clear note, transaction by transaction.
4. We adapt your returns accordingly.