Test yourself Question 1 of 6 Question 1 of 6
A customer has not paid an invoice for eight months despite three reminders. Can the supplier issue a credit note for the VAT?
Yes, after six months of non-payment No, not until insolvency proceedings open or enforcement proves fruitless Yes, if the customer is a private individual Yes, after the third reminder
Question 2 of 6 Question 2 of 6
In a composition with creditors, from what date does the debtor count as subject to the procedure?
From filing the application From the admission decree From final court approval From the creditor lodging its claim
Question 3 of 6 Question 3 of 6
When does an attachment of movable goods count as fruitless in every case?
When the debtor challenges the attachment When the report records nothing to seize, no access to the debtor's home, or that the debtor cannot be found Six months after service When the creditor gives up
Question 4 of 6 Question 4 of 6
A supplier issues a credit note to a customer in compulsory administrative liquidation. Must the customer record the adjustment?
Yes, always No, paragraph 5 lifts the obligation for letter a) insolvency proceedings Only if it deducted the tax Only if the commissioner asks
Question 5 of 6 Question 5 of 6
After the credit note, the supplier receives €610 from a dividend. How much VAT does it put back as owed at 22%?
€610 €134.20 €110 Nothing
Question 6 of 6 Question 6 of 6
Insolvency proceedings opened in March 2021. Which wording of paragraph 3-bis, letter a), applies?
The current wording, with no exceptions Not the current wording, which covers proceedings opened from 26 May 2021: the earlier rule must be checked None: the VAT cannot be recovered The 2027 consolidated act
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