The reverse charge mechanism is a way of declaring VAT in which the person responsible for settling the tax is not the person who issues the invoice but the person who receives it. The person who sells the goods or provides the service issues a VAT-free invoice and it is the recipient who declares it by self-assessment (reverse charge).
In the case of investment, the VAT on the invoice received is declared as income and expenses at the same time, so that its fiscal effect is null. The investment assumptions are very specific and should be taken into account, also pointing out that they only occur when both parties involved in the operation are companies. They are regulated in article 84 of the VAT Law .
Intra-Community phone number in thai operations . Acquisitions and deliveries made by companies or self-employed persons resident in the European Union that involve an exchange between countries.
In deliveries of unprocessed gold or semi-processed gold products, with a fineness equal to or greater than 325 thousandths.
In deliveries of new industrial waste, waste and scrap.
In the provision of services involving emission rights, certified emission reductions and greenhouse gas emission reduction units.
In deliveries made as a result of a bankruptcy process .
Exempt deliveries referred to in sections 20 and 22 of article 20.1 of the VAT Law in which the taxpayer has waived the exemption (deliveries of non-buildable rural land and second and subsequent deliveries of buildings).