The book "Practical Guide to VAT" aims to assist specialized readers such as professional accountants and tax advisors in finding solutions to issues that arise with VAT, which they may encounter in their daily work. Additionally, it is addressed to students who want to engage with this specific European tax, to understand its basic concepts and aspects. VAT is the European tax that is mandatorily applied by all EU member states. Its implementation reveals daily challenges. To mention a few examples, we could highlight problems related to whether a service is connected to real estate and the determination of the place of taxation among member states.

Moreover, it covers specific topics such as the taxation of electronically provided services and the exemptions and the rationale behind them so as to maintain the neutrality of the law. This book does not deal with the entirety of the law and the explanation of each article. The goal of the scientific team is to offer a book that allows the reader to understand the logic of the tax while also serving as a practical aid in the daily difficulties that arise from its implementation.

Articles that are considered more important within the law, those encountered in everyday practice, are analyzed. The explanation of these articles is provided through specific cases, administrative circulars, and practical examples that help the reader to deeply understand the logic underlying the tax and its implementation methodology.

The book is divided into eight parts based on the sections of the law:

Part One: Scope of the tax. In this section, it explains what VAT is, its scope of application, and its territorial application.

Part Two: Taxable transactions. We address the concept of the supply of goods, self-supply, and the use of services for one's own purposes.

Part Three: Place of taxable transactions. Special emphasis has been placed on Article 14, which concerns the place of supply of services.

Part Four: Emergence of tax liability. Here, topics related to the timing of tax imposition are covered.

Part Five: Taxable value and calculation of the tax. This part includes issues related to the basis for tax imposition as well as its rates.

Part Six: Exemptions from the tax. Significant attention is given to the articles concerning exemptions within the country.

Part Seven: Deduction - refund of the tax. Important issues in this section relate to the allocation of deductible tax.

Part Eight: Special regimes. Specifically, it focuses on special regimes for small businesses as well as special regimes for farmers and travel agencies.