VAT, GST, sales and other consumption taxes

In Tax

We consult on, assist with and help implement indirect taxes throughout the tax life cycle, including planning, risk management, systems and automation, compliance and controversy, helping you to meet your business goals around the world.

What we can do for you

Around the world, businesses are increasingly being challenged to meet their multiple obligations for value-added tax (VAT), goods and services tax (GST), sales and use taxes (SUT) and other indirect taxes, in a period of rapid and unprecedented change.

Our Luxembourg VAT team give you the perspective and support you need to manage VAT effectively. We provide you with high-quality advice, hands-on assistance and efficient processes to help improve your day-to-day reporting, thereby reducing attribution errors, reducing costs by reviewing your partial input VAT deduction right and helping you handle your indirect taxes reporting obligations correctly.

We can support full or partial VAT, GST and SUT compliance outsourcing on a worldwide basis, including task and controversy management, diagnostic tests, exception reporting and data improvement.

VAT Hot Topics

Local VAT Solutions

  • Holdings and VAT

    Can a VAT cost be mitigated?

  • EY Quarterly VAT Check

    Taxable persons registered for VAT in Luxembourg under simplified VAT regime (e.g., investment funds, securitization vehicles, fund managers or mixed holdings with an EU loan financing activity) are liable for the filing of a simplified annual VAT return per year. 

  • Fintech - VAT Considerations

    A summary of the rules, potential opportunities and implications.

  • Import OSS and OSS

    Until 30 June 2021, a one-stop-shop was available only for B2C supplies  of services listed in Article 58 of the VAT Directive (i.e., telecommunication services, broadcasting services and electronically supplied services). The supplies of other B2C services and distance sales of goods resulted in a VAT registration obligation in the Member States where the supplies took place.

  • Improving cash flow through management of indirect taxes

    As an “above the line” cost for financial services businesses, identifying and releasing VAT can generate significant savings. Managing indirect taxes is critical in terms of cost management – particularly in the current COVID-19 environment – and careful assessment of a business’s compliance can deliver substantial and year-on-year benefits.

  • Lease incentives

    In the current economic climate, we are seeing more and more lease restructures – particularly arrangements for refurbishment or early termination. When discussing lease variations landlords and tenants need to make sure that they are aware of any VAT implications.

  • Leasing of goods and tax credit

    Luxembourg tax law provides various incentives, with specific requirements, in the different areas of activities, among which the investment tax credits.

  • Luxembourg SAF-T

    How to comply and extract the hidden benefits?

  • Luxembourg VAT group

    A summary of the rules, potential opportunities and implications.

  • Proof of transport and importance of EC sale lists

    Since the 1 of January 2020, new rules for Intra-EU trade of goods are applicable. These rules have been setup to harmonize the conditions for the VAT exemption of intracommunity supplies of goods. 

  • Supply chain

    Careful management of VAT helps making supply chains  as tax efficient as possible and improving VAT costs management  while not affecting the business operations.  

  • Transfer pricing: Implications for VAT

    Companies engaging in intercompany cross-border transactions whereof the remuneration is not calculated on an independent market pricing basis might be subject to transfer pricing rules that could result in adjustments of their profits. However, in addition to income tax consequences, cross border transactions and transfer pricing adjustments may have VAT consequences. In addition, it should be noted that the Luxembourg VAT law under special circumstances foresees the application of an arm’s length principle.

  • Automated VAT compliance

    The VAT landscape is quickly changing due to the digitalization of tax administrations, and the rate of change is expected to increase.

  • VAT deduction right if costs are not fully recharged

    Court of Cassation confirms potential input VAT recovery.

Green plant growing on red mountain

Worldwide VAT, GST and Sales Tax Guide

Outlining value-added tax (VAT) systems in 149 jurisdictions, the 2023 edition of our Worldwide VAT, GST and Sales Tax Guide is now available. #IndirectTax23

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