VIES - VAT INFORMATION EXCHANGE SYSTEM
VIES – VAT INFORMATION EXCHANGE SYSTEM
VAT number validity in EU member state
What can you use VIES for and when do you need it?
VIES stands for VAT information exchange system. It is a tool from the European Commission that allows you to look up a VAT number of another company within the EU and check if it is valid.
When you invoice to a VAT liable company in another EU member state, you must have its VAT number. In other words, your customer must provide his VAT number. Indeed, there can only be an intra-community supply of goods or services (exempt from Belgian VAT) if there is a valid VAT number.
No intra-community supplies of goods or services are possible without a valid VAT number.
You can check the validity at this link: https://ec.europa.eu/taxation_customs/vies/#/vat-validation
When is the recipient of a taxable benefit unambiguously identified?
When is the recipient of a taxable benefit unambiguously identified?
Attack secret committee fees?
If your company grants you a benefit in all nature such as free provision of a car and you report it in your personal income tax return, that benefit may be subject to your company’s undisclosed commissions assessment, where the rate is 100%.
The assessment of undisclosed commissions cannot be imposed if the beneficiary of the benefit is “unambiguously identified.