| Autor: Rafał Lipniewicz | 45 |
Strony: 45-58
pełen tekst
THE EU SYSTEM OF VAT INFORMATION EXCHANGE IN THE CONTEXT OF BUSINESS TAX RISK
Summary
The supply of goods by a VAT-registered trader in one EU Member State to a VAT registered trader in another EU Member State is, in general, referred to as an intra-Community supply of goods. For zero-rating to apply there must be a supply of goods to a person registered for VAT in another Member State. The tax authorities in each Member State have put in place a computerised system that makes it possible for traders to verify the VAT number of their customer in other Member States (VAT Information Exchange System – VIES). It has a fundamental mining that trader making intra-community supplies could be sure that his customer is subject to VAT in another Member State before dispatching the goods free of VAT – otherwise he may have to pay the VAT himself. This article provides a critical analysis of the current EU system of confirming of customers VAT status. This is because the tax risk is borne by supplier, even having official confirmation of VAT status of customer from tax authorities.
pełen tekstTHE EU SYSTEM OF VAT INFORMATION EXCHANGE IN THE CONTEXT OF BUSINESS TAX RISK
Summary
The supply of goods by a VAT-registered trader in one EU Member State to a VAT registered trader in another EU Member State is, in general, referred to as an intra-Community supply of goods. For zero-rating to apply there must be a supply of goods to a person registered for VAT in another Member State. The tax authorities in each Member State have put in place a computerised system that makes it possible for traders to verify the VAT number of their customer in other Member States (VAT Information Exchange System – VIES). It has a fundamental mining that trader making intra-community supplies could be sure that his customer is subject to VAT in another Member State before dispatching the goods free of VAT – otherwise he may have to pay the VAT himself. This article provides a critical analysis of the current EU system of confirming of customers VAT status. This is because the tax risk is borne by supplier, even having official confirmation of VAT status of customer from tax authorities.