Course description

VAT Transactions course covers the question:
“Which transactions are subject to VAT?”.
- There are four types of transactions: supply of goods, intra-acquisition of goods, supply of services, importation of goods.
- Different rules apply depending on the transaction taking place;
- You need to determine the nature of a transaction in order to know where it must be taxed.
To fully benefit of the potential of this course, we recommend to integrate the course in your own training programme and to develop a full blended learning scheme.

Target audience

The course is aimed at officials in EU countries, and more generally, anyone with a particular interest in VAT wanting to get basic knowledge of the VAT directive.

Learning objectives
By the end of this course, you will:
 - Be able to define the terms supply od goods, intra-Community acquisition of goods, supply of services and importation of goods.
 - Be aware that much is left to the Member States when it comes to drawing the line between the supply of goods and the supply of services.
 - Know that the transfer of going concern is not always treated as transaction.
 - Understand the concept of deemed supply.

Course duration

Estimated duration of the module: 40 minutes.