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Practical VAT Guide 2023.

Special system for agriculture, livestock farming and fishing

This system is characterized by the fact that the business owners or professionals included in it have no obligation to pass on or pay the tax. Since it is not possible to deduct the VAT supported by their acquisitions, they are entitled to receive a lump sum compensation each time they sell their products. This compensation is tax-deductible for the employer who pays it.

  1. Operation
  2. Requirements
  3. Non-application of the special system
  4. Calculation and reimbursement of compensation
  5. Formal obligations
  6. Commencement or cessation of application of the special system