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reverse charge

phrase, adj — 2 senses

reverse charge

phrasealso spelled reverse-charge
1

Economics, Government, Sciences, Taxation Added to an invoice to indicate that receiver of the goods or services in another member state of European Union is responsible for paying VAT.

  • This delivery is subject to reverse charge in the country of receipt.

reverse-charge

adj
1

Of a telephone call, having the cost of the call paid by the recipient rather than the caller; see also reverse the charges.

  • a reverse-charge call

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — authors: page histories for reverse charge and reverse-charge.