In its recent ruling in the case “Luxury Trust Automobil GmbH (C-247/21)”, the European Court of Justice (ECJ) determined that the explicit mention of the reverse charge on an invoice is essential for the application of simplified triangulation. Without it, it is not clear that the VAT liability should pass to the customer. A reference solely indicating “triangulation” would not be sufficient.Furthermore, the ECJ ruled that invoice adjustments may not be made retroactively, since in accordance with the principles of the EU VAT legislation, changes are only effective at the time they are made.
Source: meridianglobalservices.com
Latest Posts in "Belgium"
- Modernisation of the Belgian VAT chain: official timeline confirmed, entry into force on 1 May 2026
- Belgium Clarifies VAT Filing, Objection, and Audit Rules in New Circular Effective January 2026
- Belgium Standardises VAT Filing Rules, Removes Sector Limits, Streamlines Digital Contestation from 2026
- ECJ and EU General Court Issue Key Rulings on ATAD CFC Rules and VAT Treatment
- Belgian Emanation Theory Challenged: EU Court Rules on VAT for Intermunicipal Entities and Associations
