Complex VAT/GST Topics

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In this course some of the main complex VAT topics which are frequently discussed in practice will be presented so participants can gain an understanding of the principles and the treatment applicable for VAT purposes. This course covers complex VAT topics, such as real estate investments, financial services, holding companies and fixed establishments. It provides comparisons of the application of VAT in different jurisdictions as well as analyses of VAT court cases.

Topics Covered

  • VAT treatment of real estate investments
  • Complexities of VAT on real estate investments
  • VAT treatment of financial services
  • Place of supply rules for financial services and insurance services
  • Holding companies
  • VAT and fixed establishments

Learning Objectives

After following the online course, a tax professional will:

  • Recognize and explaining the possible VAT treatment of different kinds of real estate investments
  • Identify the main characteristics of financial services and insurance transactions and their relevance for VAT
  • Compare the VAT treatment of financial services in different jurisdictions
  • Identify what a holding company is, when it performs taxable or non-taxable activities and how this affects the right to deduct VAT
  • Determine the VAT consequences and obligations of having a fixed establishment

Who Should Participate

The course is open for all; however, it would be highly beneficial for:

  • Tax lawyers from law/and or accounting firms
  • Tax/VAT professionals of law/accounting firms 
  • Tax/VAT professionals/directors of businesses
  • Finance professionals/manager/controllers of businesses
  • Government officials/Tax inspectors from tax administrations

Recommended prerequisites (for guidance only) and advance preparation

This certification programme is intended for tax professionals with more than three years of experience in VAT.

No advance preparation is necessary. All required study material is provided within the online training.

Total Study Time and Access Period

Access to the online course is granted for a period of 2 months, from the date of ordering or the indicated start date.

Mandatory course activities: 9 hours 16 mins

All mandatory course activities can be completed within the access period by dedicating approx. 50 mins of study per week. Please note that study materials included in the course or certificate programme will be accessible for the duration of the access period only. Non-mandatory supplementary material is also provided in this course.

Continuing Professional Education (CPE)

We recommend you check with your respective accrediting organizations to determine the eligibility of CPE credits.

International Bureau of Fiscal Documentation (IBFD) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

Recommended NASBA CPE credits for this course is: 10

FAQ

See our FAQ section for more information. Regarding administrative policies such as complaint, cancellation or refund, please refer to our Terms and Conditions or contact us at info@ibfd.org

Additional Information

Field of study: Taxes

Delivery format: Online - QAS Self Study

Course last reviewed: January 2023

Disclaimer

Please note that the content of this online course is subject to change based on updates in industry standards, regulatory requirements, and other developments. We strive to provide the most accurate and current information; however, we recommend verifying any critical details independently.

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