You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

VIES VAT Information Exchange System

Received Response
29
Views
1
Comments
edited Dec 11, 2019 11:28AM in Tax & Global 1 comment

Summary

How to address vendor/customer compliance with VAT Information Exchange System ?

Content

The European Commission issued  new rules called VAT quick fixes and applicable beginning 2020.

This rules concern the following four changes:

1) Simplified treatment for call-off stock

2) Uniform rules to simplify chain transactions

3) Mandatory VAT identification number to apply the zero VAT rate

4) Simplified proof of intra-Community supplies

 

Did anybody implement this requirement and especially point 3 which consist in controlling vendor or customer VAT number against public database VIES (VAT Information Exchange System) ?

Tagged:

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!