Sales Equalization Tax 

 

In Belgium and Spain, customers can be made exempt from tax on sales/purchases. Vendors must charge these customers a sales equalization tax in addition to output tax. Sales equalization tax is paid to the tax authorities by the vendor.

Different factors are used to calculate the sales equalization tax in each country:

Sales equalization tax is determined as a percentage of the base amount, meaning that the tax amount is included in the invoice amount. See also Example: Posting Sales Equalization Tax.