The simplified ABC scheme is currently again in the spotlight. The reason for this is a series of new ECJ cases that seem to impose (new) restrictions on the applicability of the simplified ABC scheme. In this article we discuss these new judgments in Toridas and Kreuzmayr and we indicate what the possible consequences are …
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Intra-Community chain transactions. In practice, chain transactions are often referred to as ABC transactions. In our article on VAT bulletin 2012/68, we noted that ABC transactions within the EU internal market are not easy to deal with. This already applies to chain transactions with three parties. However, for chains with more than three parties, assessing …
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