7.5 Two (alternative) options for determining the taxable amount in barter transactions

The first option would be that the supplier and his client actually have to agree a monetary value for each supply. In most situations where two taxable persons are involved, they will have to do this anyway because both suppliers have to issue an invoice for their supplies, mentioning the taxable amount as well as the amount of VAT due.1 Even though that reasoning is based on a practicality it also reflects economic reality: there are two supplies that each have a value. Simply agreeing a price would therefore solve this problem. This option also acknowledges the fact that ... Verder lezen? Log in om dit document te bekijken.Verder lezen?