Sandy Cochrane provides guidance on the place of supply of goods together with the VAT treatment and reporting obligations for certain scenarios
In this practice guide we discuss the supply of goods made to business customers (B2B) only. We have also commented on the place of supply of services in connection with goods in particular in respect of a supply and installation of goods.
VAT issues
The Place of Supply rules contained within the Principal VAT Directive 2006/112/EC establish where the supply takes place and where any VAT will be due.
The basic rule is that the place of supply of goods is where the goods are located at the time the supply takes place. Therefore it is important to look at the terms of trade to establish where the goods are when the supply takes place.
Accordingly goods located in the UK at the time of...
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Sandy Cochrane provides guidance on the place of supply of goods together with the VAT treatment and reporting obligations for certain scenarios
In this practice guide we discuss the supply of goods made to business customers (B2B) only. We have also commented on the place of supply of services in connection with goods in particular in respect of a supply and installation of goods.
VAT issues
The Place of Supply rules contained within the Principal VAT Directive 2006/112/EC establish where the supply takes place and where any VAT will be due.
The basic rule is that the place of supply of goods is where the goods are located at the time the supply takes place. Therefore it is important to look at the terms of trade to establish where the goods are when the supply takes place.
Accordingly goods located in the UK at the time of...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
