Topics Covered

• Real time reporting and e-invoicing
• Use of technology & information in VAT audits
• VAT (compliance) risks in digital trade
• Case study: e-invoicing and digital reporting trends
• VAT/GST aspects on digital (virtual) assets transactions (blockchain technology, smart contracts, classification of digital assets, Non Fungible Tokens (NFTs)
• Metaverse and Web3, implications for taxation
• Case study: VAT/GST aspects on digital (virtual) assets transactions
• Platform economy and collection of VAT
• Increasing liability of digital platforms in the collection of VAT
• Record-keeping obligation for digital platforms 
  Payment service providers (Reporting of payment and transmission of data)
• Case study: platform economy and collection of VAT 
  Understanding the vital link between VAT/GST and Transfer Pricing and the events triggering indirect tax issues
• Types of transfer pricing adjustments
• Recent case law on transfer pricing and VAT issues 
  Case study: worldwide approaches on the VAT/GST treatment of TP adjustments
• The intersection between VAT/GST and customs on international transactions
• Case study: intersection between VAT and customs
• Carbon Border Adjustment Mechanism (CBAM), sectors targeted and its impact inside and outside Europe
• Decarbonization of global value chains and building supply chain resilience
• Cross-border VAT dispute resolution

Learning Objectives

After this masterclass, the participants will be able to:

• After this Masterclass, the participants will be able to
• Navigate through the global VAT trends and challenges to understand how they are all interlinked
• Learn at an advanced level with case studies relevant VAT issues from their daily practice.
• Assess the impact of new rules that affect the biggest areas in VAT
• Understand what are the global VAT trends in international transactions  

Instructors 

Field of study

Taxes

Who should attend

The course is suitable for VAT advisers, government officials, in-house tax counsels, and general tax practitioners, including lawyers and accountants. 

Course Level and Prerequisites

This is an advanced course. Participants taking this course will be expected to have a good understanding, knowledge and experience with a VAT system. Those who do not meet this requirement are recommended to follow IBFD’s online Fundamentals on VAT prior to joining this course and/or the online VAT/GST Advanced Certificate.

Continuing Professional Education (CPE)

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 the 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 are: 23

Please consult the FAQ for more information. Regarding administrative policies such as complaints, cancellations and refunds, please refer to our Terms and Conditions or contact info@ibfd.org.

Venue

Near IBFD Headquarters, Amsterdam, Netherlands

Disclaimer

• IBFD reserves the right to cancel this Masterclass up to 1 month before the commencement date.
• The programme and line-up of speakers are subject to change.
• In the unfortunate event of the masterclass being cancelled, registered participants will receive a credit note by email at the email address provided and a full refund of the masterclass registration fee thereafter. In light of this, participants are kindly advised to make refundable travel and accommodation arrangements. Participants act at their own risk when booking non-refundable travel and accommodation arrangements. IBFD is not responsible for any loss incurred by participants who book non-refundable travel and accommodation arrangements.
• All bookings related to travel and accommodation, as well as local transportation, visas, vaccinations and travel insurance are at the participant’s own cost.