starting 1 Jan 2014 there will be a change in VAT regulations insofar as the following services provided to private persons will be VAT taxable in the country of consumption:
- Telecommunication services
- radio broadcasting services
- internet Services.
Till then these services were VAT chargeable in the country where the providing company was resident. This new regulation should help to equal the VAT income within EU.
In order to avoid companies to register in various EU-countries to report and pay the national VAT out of the mentioned services, there will be the possibility to submit reports and pay VAT in only one EU-country. This could be done by the use of a so call Mini-One-Stop-Shop (abbrev: MOSS). This means VAT is reported and paid in only one country. Reports have to include all relevant data for each single EU-country concerned.
Companies can chosse the country for the MOSS by using the country where they are resident or by using the country where they have a branch.
We are a tax advising company specialised in the field of VAT and therefore well prepared for supporting you at the establishment of the MOSS system for your company.
Companies outside the EU could use MOSS only if there they have a registered branch or a fixed establishment within EU. We recommend to choose Austria for this branch or fixed establishment, because tax offices as well as tax advisers are on a high electronical standard. Therefore it should be well possible to realise a smooth and efficient running of VAT reporting system through MOSS.
We are looking forward to support you when establishing a branch or fixed establishment in Austria or when realising the MOSS.
I am looking forward to hearing from you.
Kind regards and yours sincerely,
tel. +43 1 22 88 700-30