Intra community acquisition of goods

The intra-Community supply and acquisition of goods occurs where goods are dispatched or transported between businesses in different Member States of the European Union (EU ). This is because only a movable supply may be considered as an intra-Community supply of goods (where goods are transported between EU countries) an as such, taxable at the rate of 0% for VAT purposes. It delivers the goods from Luxembourg to Germany.

The intra - Community supply to the German customer is VAT-exempt in Luxembourg. The declaration is made using the reverse charge mechanism: the purchaser declares the VAT due on its.

The supply is taxed at 0% in the other EU country. The purchased goods are taxed in the Netherlands with Dutch VAT.

The intra-community supply of goods between businesses is almost always zero-rated for VAT in the member state of origin and taxable as an acquisition by the customer in the destination member. Taxation and fiscal policies for the sharing. In addition to the DEB, special rules must be taken into account for intra - Community trade in certain goods.

What is personal data? All the other supplies within the same chain are taxable at local rates (i.e. the rate that applies in the country of shipment for the supplies occurring before the movable supply, or the rate that applies in the country of destination for supplies occurring after the movable supply). In the triangular transaction, the intermediary is not a direct representative of the supplier or the recipient, i.

An intra -EU supply of goods is a transaction in which goods are dispatched or transported by (or on behalf of ) the supplier or the customer from one EU country to a destination in another EU country. However, in case of arrival, in France, of goods coming from another Member State, or of dispatch of goods from France to another Member State, you must complete a monthly Intrastat Declaration for trade in goods, named « DEB » for « déclaration d’échange de biens entre États membres de la Communauté européenne » covering all of your intra - Community trade.

Currently, the exemption of VAT on the intra - community delivery of goods is dependent on the goods being effectively transported to the territory of another Member State and on the purchaser being a businessperson, professional or legal person who has a VAT Identification Number in a Member State that is different from that of the sender. Community acquisition (Art.

1 para.pt. of the VAT Act) - The acquirer charges and pays VAT. This is the operation that follows an intra - Community supply, i. EEC to another member state.

This operation is imposed in the state of destination of the goods or in the state where the acquirer has a VAT identification number. The default position is that the intra - community supply is the supply to the person (intermediary operator) in the chain who arranges for the goods to be moved from the member state of origin to.

This aspect can be easily checked through the VIES list if the purchaser has a VAT Identification Number due to having registered on the Register of Intra. Intra - community acquisitions of goods " published on by Bloomsbury Professional. Persons making Intra - Community Acquisitions of Goods If you make Intra - Community Acquisitions of goods, these acquisitions are taxable in Malta.

If EU countries choose to exempt any of the transactions in Cases tothey must also make sure that intra -EU acquisitions of goods intended for placing in a customs warehouse, free zone or free warehouse etc are given the same treatment as a supply of goods carried out within their territory under the same conditions. VAT is then paid when the goods are sold.

Currently, this situation entails goods being delivered in the Member State of origin and the existence of a transaction similar to an intra - community acquisition of said goods in the Member State of destination, followed by a national delivery in that State, for which the supplier must have the corresponding VAT Identification Number (NIF-IVA). Using your company in Bulgaria, you are able to perform intra - community acquisitions of goods.

B, a UK company having a stock of goods in Malta and registered under art. VAT) from a Maltese company A registered under art.

Transactions between different countries within the EU’s borders are referred to as intra-Community supplies and acquisitions. Naturally, the payable VAT thus determined is deductible only if other conditions of deductability. If, within months after the arrival of the goods in the.

Falls within the scope of an economic activity. Is carried out by a person exercising a regular and independent business activity. The 3form is the informative statement through which intra-community transactions are detaile that is, those acquisitions or sales of goods and services that are made in other country in the European Union.

Don’t forget that if those purchase or sales of goods and services are made in a country that does not belong to the European Union, those operations, are considered Exports and Imports, and their tax treatment is different. You can check here the articles where we explain the. Community trade statistics would cease for these movements of goods, and the exemption rules relating to intra - Community trade statistics (e.g. exemption thresholds) would no longer apply.

Not included in these intra - Community purchases are those delivered by business owners or professionals who benefit from the tax-free regime of the Tax in the Member State where the shipment or transport of the goods originates. Practical note: In order to benefit from the simplification regime, the final supply must take place within months of the arrival of the goods at the storage place.

The possibility for suppliers making cross-border supplies of goods to another EU member state, to split the transaction into in an intra-Community transfer of own goods (whereby they make an acquisition themselves under a local VAT number), followed by a domestic supply to the customer in the destination country. This approach allows the supplier to relieve their customers of the formalities linked to intra-EU purchases, and of any uncertainties regarding customers’ missing or invalid VAT.

As such, the transfer of own goods by the supplier is disregarded.