Taxation

Triangular trade in the EU

Definition of the Triangular trade transactions

> it concerns tarnsactions between 3 taxable companies in 2 or 3 different Member States. 

The taxation of the Triangular trade transactions

> the transactions are  made in exemption of VAT under the following condition: 

3 operators identified for the VAT established in 3 different Member States: Operations known as "Triangular Simplified".  

If this condition is not respected, the transaction becomes taxable on a certain level with obligation of identification of one of the operators in one of the countries.  Example:  3 taxable poperators in 2 Member States or 2 taxable operator and 1 operator established in a third country. 

Attention with the trap !  If the exit of the territory cannot be justified by a document of international transport or a document of customs in the name of the exporter, the supplier can be the subject of a resumption of VAT. 

For any further information, do not hesitate  to >      contact the Group ASD INTERNATIONAL