VAT in Europe

In Europe, many different VAT levels apply.

FBO One can handle most situations automatically.

Whether or not VAT is charged can depend on an AOC, the country of the debtor and on the type of product. In some situations the same product can even have different VAT levels depending on the destination of the aircraft.

As each country can have different VAT regulations, each administration in FBO One can be assigned to a particular VAT rule group. A VAT rule group defines which VAT calculation rules apply.

See also

EC Reversed VAT

AOC VAT Calculator

UK VAT Settings using the AOC calculator