VAT news tagged as "Charges"


Luxembourg VAT liabilities

August 22nd, 2016

Luxembourg is planning to tighten responsibilities and liabilities on VAT fraud in a number of areas in a new law.  Potential changes include: Fines for non compliance will extend to up to €10,000 (currently €5,000) Criminal liability, which brings a potential prison term of up to 5 years, will be extended to VAT fraud Penalties …