VAT Glossary
Find definitions of the main terms related to VAT.
VAT Base
The total amount on which VAT is calculated. It represents the taxable basis to which the VAT rate applies.
Reverse Charge
A mechanism where the customer, not the supplier, is liable for the VAT. This applies in particular to intra-community services between professionals.
For more information about VAT, visit the official tax website or contact a tax advisor.