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Incoterms decision chart: Buying & Sellling

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Incoterms decision chart: Buying & Sellling

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.

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