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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