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First scenario: attribution to sale no 1
In this scenario, goods are transported from company 1 to company 3 and attributed to sale no 1. The supply of goods arranged by company 1 is classed as intra-community and so subject to 0% VAT. Meanwhile, company 2 effects a taxable intra-community acquisition in the member state of company 3, where the goods arrive. Consequently, company 2 must register for VAT in the country of arrival of the goods and declare the acquisition there. If company 2 is not registered for VAT in that country, it will be charged VAT in its own member state.While company 1 is involved in an intra-community supply, at 0% VAT, the subsequent transfer of the goods between company 2 and company 3 is treated as a domestic sale. Therefore, company 2 is registered for VAT in the member state that receives the goods and charges the applicable VAT in that state. Ultimately, company 3 will reclaim that VAT through its regular VAT return. http://www.confiduss.com/en/services/solutions/taxes/vat-triangulation/
© Annabel Langbein Media
Generic content for all other countries not on the list.
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