Introducing "Understanding VAT: Practical Insights into Taxable Events and Tax Liability"

Discover a comprehensive guide to the Value Added Tax (VAT) system with our latest book "Understanding VAT: Practical Insights into Taxable Events and Tax Liability". This book takes a practical approach to understanding the concepts of "taxable event" and "tax liability" within VAT regulations.

By delving into the intricacies of VAT, readers will gain a clear understanding of the relationship between tax liability and invoicing obligations for suppliers and service providers, as well as the establishment and exercise of the right to deduction for counterparties. The complex issue of advance payments and their connection to tax liability is also extensively explored.

About the Authors

Authored by Véronique De Vulder, a master in trade and financial sciences specializing in accountancy, and the managing director of Interaccounts BVBA. Véronique brings a wealth of experience in providing comprehensive support for SMEs and companies, covering areas such as accounting, taxation, internal organization, transfer, and valuation.

Stefan Ruysschaert, an Advisor at the Ministry of Finance, is another key contributor to this book. With his expertise in VAT and numerous publications in renowned journals and books, Stefan provides invaluable insights into fiscal matters. His teaching engagements at the Faculty of Economics at UGent and as a guest lecturer at the Fiscale Hogeschool further reflect his authority in the field.

Together, Véronique De Vulder and Stefan Ruysschaert have created an indispensable resource for tax professionals, business owners, and students seeking a practical understanding of VAT's key concepts and their application in real-world scenarios.