The Court of Justice of the EU (CJEU) has recently clarified in its important decision in VAT case B (C-696/20)) the applicability of VAT in chain transactions. This case shows that the tax authorities can have extremely rigid approach to the chain transactions and the taxpayers need to carefully consider VAT consequences of their cross-border (chain) transactions in the EU. The good news is that the CJEU decided that if the intra-EU sale is not exempt from VAT because the seller did not meet all conditions, then the taxpayer should not face double taxation on this transaction.
Source Grant Thornton
Join the Linkedin Group on ECJ VAT Cases, click HERE
Latest Posts in "European Union"
- EU Parliament Approves CBAM Reforms: New 50-Ton Threshold, Delayed Certificate Purchases to 2027
- ViDA: Transforming EU VAT with Harmonized e-Invoicing and Real-Time Reporting
- EU Court Ruling on Arcomet: Transfer Pricing Adjustments Pose VAT Risks for Companies
- Italian Tax Authorities Remove Non-EU Companies from VIES for Failing New VAT Guarantee Requirements
- Comments on ECJ C-121/24: Non-payment of declared VAT does not constitute VAT fraud
