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The Finance Ministry in the Netherlands has launched an online consultation on the potential introduction of an adjustment period for expensive services.
The new rules will potentially see high value services subjected to rules which are comparable to the capital goods scheme. Such changes are proposed to be effective under Dutch law by 2018.
In its strive to combat VAT fraud, the Netherlands will introduce a VAT reverse charge requirement for telecommunication services provided by companies who are Dutch resident. Such changes have been proposed following the reverse charge requirement which has already been implemented in the UK. It is expected that more details should soon be available.
Introduction of VAT reverse charge for telecommunication services
In its strive to combat VAT fraud, the Netherlands will introduce a VAT reverse charge requirement for telecommunication services provided between companies who are Dutch resident. Such changes have been proposed following the reverse charge requirement which has already been implemented in the UK. It is expected that more details should soon become available.
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