VAT Application in Triangular Trade: Simplified Procedure and Burden of Proof Clarified

SAC examined retroactive application of simplified procedure for triangular trade in VAT
Dispute between company and tax authorities over VAT deduction
Company claimed excessive VAT deduction, rejected due to incomplete transport of goods
Company argued for three-party transaction classification, but did not meet necessary conditions
Intermediary in triangular transaction liable to pay tax if invoice does not state triangular nature
CJEU judgment in Facet: C-247/21 Luxury Trust Automobile highlighted conditions for derogating regime in triangular transactions
Proper documentation of cross-border transactions within EU is crucial to avoid VAT evasion
Incorrect reporting and incomplete documentary evidence can lead to issues with VAT deduction claims.

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.