VIES tax number check

The EU VAT directives have been amended to have a valid VAT identification of a customer from another member state as a condition of intracommunity exemption. To meet this requirement, these features are now supported in LN:

• Periodic verification of BP tax numbers
• Prevention of intracommunity exemption on invoices if the business partner's tax number has not been verified

The Verify EU Tax Numbers (tctax4200m000) session has been added to periodically verify the tax numbers of all or a selection of business partners and country. This new session supports these options:

Verify Registered Address

When a registered address is specified in the Tax Numbers by Business Partner (tctax4100m000) session, optionally, it can be verified if the registered address details match with the address in the VAT database. This is supported only for a limited number of countries.

Action on Registered Address Mismatch

Warning or Blocking can be selected for a mismatch between the registered address and the address in the VAT database.

If the verification fails because the tax number is not valid, or if there is mismatch of address and the action for the mismatch is Blocking, the verification details are emptied and Invoicing Allowed is set to No in the Tax Numbers by Business Partner (tctax4100m000) session. Consequently, it is not allowed to release billable lines with this tax number to invoicing.