Tag archive: Reverse charge

Reverse Charge - Change in sales tax offsetting

From January 1, 2014, a new ordinance of the Ministry of Finance ("VAT fraud prevention ordinance" - UStBBKV, Federal Law Gazette No. 369 of November 26, 2013) comes into force, which now also makes a large part of the products of the steel trade free of VAT. If it is a company with an Austrian UID number, the sales tax liability is transferred to the recipient of the goods, but at the same time a claim ...