The government recommends reverse VAT tax on agricultural products

The government has initiated a further extension of reverse VAT tax in connection with agricultural products. According to the expert of DTM RSM; the change that can eliminate the possibility of VAT frauds is a beneficial step.

The final result of the reverse tax in practice is the same as in the conventional case, with one exception: the classic tax fraud possibility will be eliminated. The European Union, recognizing these problems, introduced the system of the reverse taxoption – reports piacesprofit.hu.