A wonderful tool to determine which Incoterms to be used, both from a buyer and seller perspective.
Source Incoterms.abh-ace.be
Note from the editors: Incoterms in themselves are not decisive for the VAT treatment of a (cross-border) transaction. However, they can give an indication as to which party (buyer or seller) is ordering/arranging the transportation of the goods. In some countries, tax authorities will pay a lot of attention to the Incoterms used for a supply, so knowing which Incoterm to use, and what they actually mean, is a requirement for a VAT specialist.
If you want to know more, feel free to contact us at [email protected]
Latest Posts in "World"
- Fernando Matesanz Recognized by Chambers as Leading International VAT Expert in Spain
- 66 Country Profiles on E-Invoicing, E-Reporting, E-Transport, SAF-T Mandates, and ViDA Initiatives
- Avoiding Costly Cross-Border VAT Compliance Pitfalls: Key Risks and Solutions for Finance Teams
- Key Steps for Successful ERP Migration: Master Data, Logistics, and Indirect Tax Configuration
- E–invoicing Developments Tracker
