Global VAT Compliance

In the terminology of VAT, export means delivery from a reporting (EU) country to a country outside of the EU. 

In the terminology of VAT, Local Sale means delivery within the reporting country. We can also call it domestic transaction. 

Intracommunity sale (ICS) means delivery from one EU country to another EU country to a customer with valid VAT ID number.  These transactions are repor...

Intracommunity acquisition (ICA) means delivery from one EU country to another Eu country to a customer with valid VAT ID number. Reportable by the buyer.

Movement of own goods means movement of own goods from EU country to another EU country with valid VAT ID number. Treated as ICA (Intracommunity acquisition...

Local purchase means purchase of goods/services in the reporting country

Global sales are non taxable sales in the country of reporting/departure but are taxable in the arrival country. In some countries those Global sales need t...

Import means Import of goods from outside of the EU to an EU country. For importation purposes in the EU you only need to have one valid EORI number. H...

For France, Spain and Italy, Local reverse charge is applied if the goods are sold by a seller (non-established business) with the respective VAT ID number ...