- Triangular operations, also known as “cross trade,” involve three parties from two or three different countries, with two invoices and a single physical flow of goods.
- However, there are many tax and customs issues to consider, such as which incoterms to use, how to write import and export customs, which invoice to use for each formality, and who is responsible for proving preferential origin.
- Four essential customs and tax concepts to consider are the concepts of tax and customs importer, fiscal and customs exporter, preferential origin, and the holder of public order documents for export.
- These concepts can be complex and varied, making it important to approach them with precision and give effective instructions to your customs declarant.
Source Mathez Formation
Click on the logo to visit the website
Don’t miss any VAT and other indirect tax news ….
- Visit our website www.vatupdate.com
- Use our search function on any term, per country, select a tag or a period
- Follow us on Linkedin
Latest Posts in "World"
- Key Takeaways: Navigating Global E-Invoicing Mandates and AI-Driven Compliance in 2026
- HS Code Updates 2026: Key Changes Impacting Product Classification and Customs Compliance
- E-Invoicing Mandates: How Belgium, Saudi Arabia, and Poland Are Easing the Transition
- Global Tax Updates January 2026: Key Rate Changes, E-Invoicing, and Regulatory Reforms Worldwide
- Mapping Indirect Tax Operations: Identifying Breakdowns and Maximizing Automation with the Happy Path Framework
