Since January 1st 2020, some “quick fixes” of the rules for delivery transactions within the EU have been applied and a valid VAT identification number of the customer is now a material condition for tax exemption of the intra-community supply. The supplying company must check the validity of the VAT ID at the website of the European Commission and verify the address and name of the customer or must otherwise expect tax back payments.
Source: sap.com
Latest Posts in "European Union"
- Montenegro Drafts Law on VAT Fraud Cooperation with EU
- EPPO Uncovers €2.6 Million VAT Fraud Ring in Electronic Goods Trade
- EU Commission Releases 2026 Work Programme for VAT in the Digital Age
- EU Commission Outlines Key Milestones for ViDA E-invoicing and Digital Reporting Implementation
- ECJ Clarifies VAT Treatment of Intra-Group Transfer Pricing Adjustments
