Retroactive correction of invoices in the case of intra-Community triangular transactions

In this newsletter from KPMG, a case from the Lower Tax Court Rhineland-Palatinate of 28 November 2019 (nr. 6 K 1767/17; BFH ref.: XI R 38/19) is summarized. In this case, the Court concludes that in the course of an intra-Community triangular transaction, the correction of an invoice which is capable of being corrected, has retroactive effect to the time of the first issuance of the invoice.

Source KPMG

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