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I would still call it zero VAT. What happens is that you debit and credit the same VAT amount in the books, effectively deducting and zeroing it immediately.
by Kiro 3y ago
I would still call it zero VAT.
What happens is that you debit and credit the same VAT amount in the books, effectively deducting and zeroing it immediately.
https://europa.eu/youreurope/business/taxation/vat/cross-border-vat/index_en.htm https://europa.eu/youreurope/business/taxation/vat/cross-bor...