- From 2026, medium-sized businesses involved in intra-community triangular transactions must declare the tax base of incoming transactions in their VAT return.
- This is an additional requirement to the existing obligation to report outgoing transactions.
- The new declaration must be made in line 55, code 789, of the annual VAT return; it is not required in the advance VAT return.
- Businesses should consider setting up a separate tax key in their ERP systems to track these transactions.
- The changes may lead to increased scrutiny and data matching by tax authorities, both domestic and foreign.
Source: ebnerstolz.de
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.
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