Update on deductibility of input VAT on certain intra-Community acquisitions of goods

The Finnish Tax Administration has issued updated guidance on VAT and the trade of goods within the EU, specifically regarding intra-Community acquisitions of goods.
Input VAT on such acquisitions is now deemed nondeductible on the Finnish VAT return based on a recent ruling by the Supreme Administrative Court.
The updated guidance also clarifies that the “triangulation” simplification rules can only be applied if the mandatory details are specified on invoices, including references to both “triangulation” and “reverse charge.”