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Former Member
Dec 03, 2009 at 09:21 AM

Acquisition tax codes for VAT 2010 package

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Hello experts,

I only found one thread related to the EU Directive 2008/8 (the VAT 2010 package), but I will ask this question in a separate message.

At my client we are currently preparing for the changes in the EU VAT 2010 legislation. I already analysed the relevant SAP Notes. My question is the following:

SAP Note 1298748 recommends to define a new tax code with EU code 5 (available via Note 1342919) for the acquisition of services, and 19% on VST (input tax) and MWS (output tax). One of the operating companies based in Germany has currently already defined a tax code for acquisition of EU services, with EU code 9 (acquisition tax), and 19% on both ESA and ESE account keys.

Why do we need a separate tax code with EU code 5, and 19% on VST and MWS? Isn't this basically the same as the current tax code they have? From a G/L accounting perspective it makes no difference. Is there any impact on legal reports?

Thanks for any help on this.

Regards,

Mark