From Triangular to Quadrangular Operations in EU VAT

Journal
Echevarría Zubeldia, G.
European Union
International VAT Monitor 2024 (Volume 35), No. 3
FormatPDF
EUR
40
| USD
45
(VAT excl.)

If the VAT triangulation simplification could be applied to longer supply chains, many EU companies could significantly reduce the administrative burden of maintaining VAT registrations in multiple Member States to become part of EU chain transactions. In this article, the author wonders if this is really possible based on the position held by the European Commission and accepted with “quasi unanimity” by the VAT Committee.