VAT training on the provision of company cars to employees
Understand the VAT treatment of company cars provided to employees, identify VAT obligations across Luxembourg and neighbouring countries, and assess related cross-border VAT risks
Training objectives :
- Understand the VAT regime applicable to the provision
of company cars to employees - Identify VAT obligations depending on the type of car provision
-
Determine the taxable base and reporting method in Luxembourg
and/or neighbouring countries -
Assess VAT risks and impacts for the company and employees
residing outside Luxembourg
Audience :
- Tax, legal, HR or finance managers
- Lawyers, chartered accountants and accounting staff
- Company executives providing vehicles to employees
Duration: 2 hours Format: Virtual class (inter-company or in-house)
Pricing in Luxembourg : on quotation
Declaring Intra-Community and International Transactions
VAT Training – Holding and Financing Companies
VAT and Investment Funds - Basic Rules
VAT training for freight and logistics
Training Plan:
Context
- Overview of the factual background
- Key regulatory concepts
Before the QM ruling
- The situation in Luxembourg
- Origin of the QM ruling
Impact of the QM ruling and implementing provisions in Luxembourg, France and Belgium
- Criteria set out in QM ruling C-88/19
- Luxembourg tax authority circulars
- VAT consequences of classification as “for consideration” or “free of charge”
- What about bicycles?
- Who bears the VAT?
- Decision tree
Implementation modalities in Luxembourg, France, Belgium and Germany
- Calculation of the taxable base in different countries
- Adjustment and correction mechanisms in different countries
Overview of the One-Stop Shop (OSS) system
- OSS return – EU scheme – eligible transactions
- OSS return – EU scheme – key features
Calculation examples
Conclusion and recommendations
Q&A
