| Commentary

400 Triangulation

| Commentary

400 Triangulation

Triangulation is the situation where goods and invoice trails differ because there are more than two parties to an arrangement and the goods are physically delivered by the first party in the chain directly to the last. Such situations often arise where manufacturing sources are located in one member state while customers are located in another member state and the original supplier is located in yet another member state.

The VAT rules applying to triangular (and indeed, chain) transactions are complex and, if it is contemplated under the terms of a distribution agreement that goods and invoices trails

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