VAT triangulation
VAT
triangulation is applicable when there are three companies involved in a single transaction,
and they are in different EU countries. For example, a Spanish company with a Spanish VAT
registration sells goods to a German customer, but the Spanish company first has to buy the
goods from a French vendor prior to shipment directly to the German customer. Simplified
triangulation permits the French vendor to issue a sales invoice to the Spanish company with
its VAT number on it, but no VAT is charged as this is a regular intra-community dispatch of
goods; the German customer becomes responsible for recording the arrival of goods into Germany
as an intra-community supply (shifting the reporting requirement from the Spanish company);
the Spanish company includes the acquisition and dispatch in its own VAT reporting.
How Infor meets this requirement
Triangulation simplification is supported in SyteLine through core features such as Reverse Charge VAT, EU Sales List and Intrastat (EU SSD) reporting.
| Application | Setup or Actions |
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| ERP | See these help topics:
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