A company may have a commercial interest in relocating part of its stock closer to its customers. This relocation can take different forms: advanced stock, consignment stock, call-off stock, etc.
In an intra-European context, this operation must be processed in two phases (a transfer followed by a local sale) and in principle generates an obligation for the supplier to register for VAT in the country where the stock is sent.
Source: vatdesk.eu
Latest Posts in "European Union"
- Blog Luc Dhont: How Can Multinationals Comply with VAT on Transfer Pricing Adjustments Post-ECJ Arcomet?
- ECJ Opinion Sheds Light on VAT for Ancillary Services in German Accommodation Sector
- Briefing document & Podcast – C-409/04 (Teleos): Physical Movement & Supplier Due Diligence Key for Intra-EU VAT Exemption
- EU boosts tax cooperation with Andorra, Liechtenstein, Monaco, and San Marino
- Briefing document & Podcast: ECJ C-271/06 (Netto Supermarkt) – VAT exemption granted if fraud undetectable with due commercial care
