When a business fails to meet reporting obligations, provides insufficient financial security, or irregularities are discovered in the deferment account, the tax authority may revoke the VAT deferment arrangement.
Source: https://ec.europa.eu/taxation_customs/business/vat_en
Tools that match this term
You might also be interested in these terms
Weekly: Top news, industry facts and insights from the world of logistics – free.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.