- The provisions covering the VAT triangulation simplification are amended. In this regard, a transaction with a Greek final customer may not qualify as triangular only where the intermediary operator maintains a fixed establishment in Greece, and not a mere Greek VAT registration number as it was the case beforehand.
- Moreover, it is considered that an intermediary operator carries out an intra-community acquisition in Greece, as long as it does not substantiate that the underlying goods were taxed in another EU MemberState, even where such intermediary operator obtains a mere Greek VAT identification number, and not a fixed establishment in Greece as it was the case beforehand.
- Finally, the cases where the market value is taken into consideration for VAT purposes with regards to transactions between related parties are clarified.
Source KPMG
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