∙ To explain the specific VAT regulations applicable in France, Italy and the UK based on practical examples,
∙ to provide comprehensive information on the VAT consequences of doing business abroad,
∙ to show the discrepancies between the VAT regulations in force in the selected countries,
∙ solve practical VAT problems encountered by trainees on a daily basis.

∙ interactive discussion of each item on the agenda,
∙ joint solving of VAT problems posed,
∙ numerous practical examples,

The training programme covers topics ranging from a concise introduction to value added tax to detailed national regulations. The training will discuss the practical aspects of VAT regulations applicable in selected South American countries. We will discuss, among other things, how to apply for a refund of input tax in excess of output tax, how to correct VAT returns in the event of an overstatement of VAT refunds, what conditions must be met in order to deduct input tax and what expenses do not give such a right. We will also tell you when an invoice can be considered formally valid, what elements a VAT invoice must contain and when it should be issued. We will also indicate when the tax obligation arises and what VAT reporting looks like. The training is dedicated to the SSC/BPO industry.

1. Introduction to the VAT system (basic information about local VAT, tax authorities, and VAT territory).

2. The VAT taxpayers.

3. The VAT taxable base (what elements it covers, what should be excluded from the taxable base, non-VAT activities).

4. Adjustment of the taxable base (in what period should the adjustment be made, reasons for the adjustment).

5. Specific VAT-taxable activities (transactions such as: gratuitous release of goods, gratuitous provision of services, transactions for own benefit).

6. Tax liability (principle, exceptions).

7. VAT rates (scope of activities covered by the standard rate, scope of activities covered by reduced rates, activities exempt from VAT, errors in rates, changes in rates).

8. Legal and fiscal requirements for VAT invoices (what elements are required on VAT invoices, by what date must a VAT invoice be issued, what other documents give the right to deduct VAT).

9. VAT deductibility (conditions, transactions not giving rise to a right of deduction, partial deduction, time limits, procedure).

10. Reverse charge mechanism in domestic transactions?

11. Statute of limitations.

12. VAT reporting.

13. Specific national regulations.

14. Case study.

• In Polish version.

• As a closed training, exclusively for employees of your organisation or centre.