Slovakian tax rules for electronically supplied services

Taken from KMPG website, full article here

The “mini one-stop shop” regime

The new rules could require service providers to register as VAT payers in all EU Member States in which they supply their services. To prevent an additional administrative burden on businesses, the scope of the VAT “mini one-stop shop” regime would be expanded. Suppliers of services would be able to comply with their obligation to declare and pay VAT (attributable to the individual EU member states of consumption) by means of one VAT return that is submitted electronically via a web portal in their EU Member State of identification. This VAT return, along with the amount of VAT paid, would then be transmitted by the EU Member State corresponding to the place of consumption (i.e., the EU Member State entitled to receive this VAT payment).

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