Quadrangular Transactions: A Defined Regime at Last
New
Journal
European Union
International VAT Monitor 2026 (Volume 37), No. 1
In this Column, the author explains that the CJEU has ruled that the VAT triangulation simplification can also apply to supply chains involving four parties, provided the substantive conditions are met. The judgment in MS KLJUČAROVCI (T-646/24) emphasizes that the key criterion is the transfer of the power of disposal over goods, even if physical delivery occurs to the final customer rather than the reseller, while reinforcing anti-fraud safeguards.