It is a volume of 970 pages, with a fully updated and supplemented CD-ROM containing all the modifications and additions made to the provisions of the VAT Code with the recent laws N.4321, N.4330, N.4334, N.4336, N.4337, N.4378, N.4387, N.4389 up to N. 4646 and POL.1061, POL.1084, POL.1093, POL.1130, POL.1154, POL.1119, POL.1150.
POL.1184 Procedure for VAT exemption for: a. placing goods in free circulation with simultaneous inclusion in a customs warehousing regime, b. inclusion of domestic goods in a customs warehousing regime. POL.1202 Communication of the provisions of Article 36 of Law 4569.
It is also enriched with the relevant provisions, Ministerial Decisions of the Ministry of Finance and the General Secretariat of Public Revenue in the form of Circulars and Administrative Documents.
For your convenience, all the new provisions are presented in raster within the flow of each article of the text.
In detail, it includes by chapter:
A) Taxable transactions: Transactions considered as delivery of goods, real estate, provision of services, importation of goods and intra-community acquisition of goods.
B) Method of carrying out taxable transactions.
C) Generation of taxable value.
D) Taxable value and calculation of tax - Rates.
E) Exemptions from tax: Exemptions within the country. Exemptions on importation of goods. Exemptions for transactions upon exportation, outside the community and for international transport. Special exemptions - Exemptions for delivery of goods to another member state, as well as for intra-community acquisition of goods.
F) Deduction - Refund of tax: Right to deduct tax. Determination of deductible tax - Settlement of deductions and refund of tax.
G) Special regimes: Special regime for small businesses - Farmers - Agricultural products, agricultural holdings and services. Tables of agricultural products and services for which a reduced rate applies.
Special regime for taxation of manufactured tobacco - For telecommunications, radio, television or electronic services provided by taxable persons established within or outside the EU.
H) Procedure for certification and payment of tax: Temporary act of determination of tax - Certification of tax - Method of payment of tax - Prescription - Confidentiality - Other procedural provisions. Special procedure for certification and collection of tax on importation - Tax deductions for stocks of tradable goods - VAT on pre-contractual agreements.
I) Examples