BRIEF CONSIDERATIONS WITH REGARD TO THE SPECIAL REGIME OF THE V.A.T. FOR TOURISM AGENCIES

Florin Tudor ()
Additional contact information
Florin Tudor: University „Dunarea de Jos” – Faculty of Law Romania, Galati

The Annals of the "Stefan cel Mare" University of Suceava. Fascicle of The Faculty of Economics and Public Administration, 2009, vol. 9, issue Special, 46-52

Abstract: In case a tourist package or a trip sold by a Romanian tourism agency consists in deploying the services on Romanian territory, there can be applied the normal taxation regime, in which case the agency can deduct the VAT paid to the service providers and apply the VAT to its client at the total price. The share to be applied would be applicable for each distinct good or service. According to the current fiscal provisions, a tourist agency can choose the normal taxation regime, provided that such services take place in Romania and the traveler is not a natural person. If the tourist agency resells the tourist services that deploy in another country, the deduction of the VAT applied by the providers of such services would raise a problem; either the tourism agency should register in purpose of VAT in the country, or it should request the reimbursement of VAT through the procedure provided by the 6th Directive with regard to VAT, if the other country is a member state. Moreover, the tourism agency will also be bound to apply the VAT from that country to the sums due by the tourist and that is why it should register in purpose of VAT in that country. Without exhausting the subject, with the purpose of delimiting the normal taxation regime from the special regime of the VAT for the tourism agencies, we want to give a correct approach to the new fiscal principles in matter of VAT with regard to the tourism agencies.

Keywords: normal taxation regime; reimbursement of VAT; deduction of VAT applied by the provider; VAT deductible for acquisitions; taxation basis for the unique service; special taxation regime; exemption (search for similar items in EconPapers)
Date: 2009
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.seap.usv.ro/annals/arhiva/ANNALS%20VOL. ... ,2009%20fulltext.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:scm:ausvfe:v:9:y:2009:i:special:p:46-52

Access Statistics for this article

The Annals of the "Stefan cel Mare" University of Suceava. Fascicle of The Faculty of Economics and Public Administration is currently edited by Editura Universitatii Stefan cel Mare din Suceava

More articles in The Annals of the "Stefan cel Mare" University of Suceava. Fascicle of The Faculty of Economics and Public Administration from "Stefan cel Mare" University of Suceava, Romania, Faculty of Economics and Public Administration Contact information at EDIRC.
Bibliographic data for series maintained by Liviu Scutariu ().