Are IVA fees included in monthly payments?

Association membership fees

VAT is a tax levied on each of the stages of the commercialization of goods until they reach the final consumer, but it is not levied on the total amount of each sale independently, but, as its name indicates, exclusively on the amount added at each stage by each economic agent.

– In the case of sales, whether in cash or on credit, onerous or free of charge, at the time of delivery of the good, issuance of the sales receipt or any other equivalent, whichever is earlier.

Individuals rendering professional or personal services may deduct the tax credit corresponding to the acquisition of goods and services, provided that such goods and services are used for their taxable services:

The rates in force for VAT are 10% and 5%. With the amendments introduced by Law No. 5061/13, the application of VAT rates is covered in different ways, according to the product or service affected.

In import operations, the exchange rate will be the one used by the National Customs Directorate for the determination of the customs value, and the date of dispatch must be considered for this purpose.

Fees and subscriptions are exempt from VAT.

This book presents in a practical and simple way the provisions of the VAT Law and its regulations, the Fiscal Code, rules and criteria of the SAT, to determine the MONTHLY VAT PAYMENTS that help the taxpayer to operate in a framework of fiscal security and avoid incurring in unnecessary fiscal and financial burdens.

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This book presents in a practical and simple way the provisions of the VAT Law and its regulations, the Fiscal Code, rules and criteria of the SAT, to determine the MONTHLY VAT PAYMENTS that help the taxpayer to operate in a framework of fiscal security and avoid incurring in unnecessary fiscal and financial burdens.

This book will be a very useful tool for those who are interested in the TAX LEGAL REGIME OF SCHOOLS. Institutions providing educational services receive special tax treatment. The social importance of the activity of SCHOOLS, when it is carried out within the framework of the educational system, is recognized in the tax laws.

Sat

Value Added Tax (VAT) is an indirect tax on consumption, which means that when a person (customer) purchases a good or service, he/she is paying this tax at a general rate of 13% or at one of the reduced rates of 4%, 2% or 1%.

The collection of VAT charged to customers, for the provision of services or for the monthly sale of goods made by the taxpayer, must be declared by means of form D-104, within the first fifteen calendar days of the following month and cancelled by means of connectivity or at the windows of the entities authorized by the General Directorate of Taxation.

The cancellation of the tax is by means of connectivity where the bank account is held, through the website of the financial entity or by going to the teller windows of these authorized entities. Consult here the financial entities that provide this service.

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Before paying the VAT collected during the month, the taxpayer has the option of deducting or deducting from the VAT paid (tax credit) for the goods or services acquired for the performance of its economic activity.

How to invoice to a foundation exempt from vat

Taxpayers who have had no independent activity during the fiscal year must file Form 1302 without activity, unless they have not declared income outside the relationship of dependency in their income tax return.

Important: These taxpayers will not be able to deduct the Value Added Tax included in their acquisitions of vehicles, furniture and expenses of a personal nature, such as clothing, food and bank loans.

The tax corresponding to the acquisitions of goods and services that are partially destined to taxable activities will be computed in the corresponding proportion, with a maximum of 50%, unless it is reliably demonstrated that the allocation to the taxable activity exceeds that percentage.

Services rendered abroad will be considered an export of services (VAT is not applied), only if they comply with the conditions required in the different paragraphs of Article 34 of Decree No. 220/998. If they do not fall under these numerals, it will not be an export of services and therefore must be considered VAT taxable.

Are IVA fees included in monthly payments?
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