Commentary

V7.264 Exports and dispatches—single movement of goods but multiple transactions ('chain' transactions)

Part V7 Tax planning
Part V7 Tax planning | Commentary

V7.264 Exports and dispatches—single movement of goods but multiple transactions ('chain' transactions)

Part V7 Tax planning | Commentary

V7.264 Exports and dispatches—single movement of goods but multiple transactions ('chain' transactions)

As global trade becomes more sophisticated, there will inevitably be various situations arising with the movement of goods that will need to be addressed from a VAT perspective.

One common situation is where a single movement of goods occurs but more than two parties are involved in the sale (as with triangulation – see V7.261).

Following Court of Justice judgments in various cases over the last few years, the European Commission has sought to clarify and simplify the rules governing chain transactions so that suppliers and tax authorities have more

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