Art. 99

(Art. 37 para. 5 VAT Act)

1. When using the flat tax rate method, the tax claim is determined by multiplying the total of the considerations generated in a reporting period, including tax, by the flat tax rate approved by the FTA.
2. The FTA establishes the flat tax rates taking account of the input tax amounts usual in the relevant branch of the industry. A business activity for which no flat tax rate has been established must be reported at the rate applicable for the net tax rate method.
3. The taxable person must report each of its business activities with the appropriate flat tax rate irrespective of the amount of turnover generated. The taxable person may voluntarily report the entire turnover from taxable supplies at the highest authorised flat tax rate.¹