Post by amina147 on Mar 9, 2024 4:15:11 GMT 1
The dated January. With the Article of the said Law the phrase exchange rate difference has been added to the clause c of the first paragraph of the th Article of the Value Added Tax Law titled Elements Included in the Base to come after the phrase price difference. The reason for the amendment made in the said article of the law In cases where the price is collected completely or partially later in deliveries and services based on foreign currency within the country as in imports it is aimed to eliminate hesitations in practice by writing in the text of the article that the exchange rate differences are also included in the tax base.
It is stated as. After the said amendment the final version of Article c of Law No. It has become various income such as maturity difference price difference exchange rate difference interest Austria Phone Numbers List premium and all kinds of benefits services and values provided under service and similar names and with this change it has been ruled that exchange rate differences are included in the VAT base in transactions where the price is expressed in foreign currency or indexed to foreign currency if the price is paid partially or completely after the date on which the taxable event occurs the resulting exchange rate difference has become taxable as an element of the tax base on the buyer or seller side.
In transactions where the price is expressed in foreign currency or indexed to foreign currency if the price is paid partially or completely after the date on which the taxable event occurs the exchange rate differences arising in favor of the seller are included in the VAT base. Accordingly in the calculation of the exchange rate differences to be included in the base the exchange rate differences corresponding to the cost of goods and services are taken into account and the exchange.
It is stated as. After the said amendment the final version of Article c of Law No. It has become various income such as maturity difference price difference exchange rate difference interest Austria Phone Numbers List premium and all kinds of benefits services and values provided under service and similar names and with this change it has been ruled that exchange rate differences are included in the VAT base in transactions where the price is expressed in foreign currency or indexed to foreign currency if the price is paid partially or completely after the date on which the taxable event occurs the resulting exchange rate difference has become taxable as an element of the tax base on the buyer or seller side.
In transactions where the price is expressed in foreign currency or indexed to foreign currency if the price is paid partially or completely after the date on which the taxable event occurs the exchange rate differences arising in favor of the seller are included in the VAT base. Accordingly in the calculation of the exchange rate differences to be included in the base the exchange rate differences corresponding to the cost of goods and services are taken into account and the exchange.