27.8 VAT on Imports and Exports (EU and Non-EU)
Understanding Cross-Border VATβ
Cross-border transactions (imports and exports) have special VAT rules that differ from domestic transactions. Understanding these rules is essential for businesses engaged in international trade.
EU Transactionsβ
Intra-EU Supplies (B2B)β
Supply to EU Business:
- VAT Treatment: Zero-rated (0% VAT)
- Requirement: Customer must provide valid EU VAT number
- Documentation: Invoice must show customer's VAT number
- Reporting: Report in EC Sales List (if applicable)
Example:
- Luxembourg business sells β¬1,000 goods to French business
- French business provides VAT number: FR12345678901
- VAT Rate: 0% (zero-rated)
- Invoice shows: "Intra-EU supply - VAT: 0%"
Intra-EU Acquisitions (B2B)β
Purchase from EU Business:
- VAT Treatment: Reverse charge - you account for VAT
- VAT Rate: Luxembourg VAT rate applies
- Self-Assessment: You calculate and pay VAT in Luxembourg
- Recovery: Can recover VAT as input VAT
Example:
- Luxembourg business buys β¬1,000 goods from German business
- Reverse Charge: You account for β¬170 VAT (17% in Luxembourg)
- PCN Recording:
- Debit 601 (Purchases): β¬1,000
- Debit 44551 (Input VAT): β¬170
- Credit 401 (Suppliers): β¬1,000
- Credit 44571 (VAT payable): β¬170
EC Sales Listβ
When Required:
- Supply goods to EU businesses exceeding threshold
- Must file EC Sales List with VAT return
Information Required:
- Customer VAT numbers
- Transaction amounts
- Transaction dates
Non-EU Transactionsβ
Exports to Non-EU Countriesβ
VAT Treatment:
- Zero-rated (0% VAT)
- Goods must leave EU
- Export documentation required
- Proof of export needed
Example:
- Luxembourg business exports β¬5,000 goods to USA
- VAT Rate: 0% (zero-rated export)
- Documentation: Export declaration, shipping documents
- Proof: Customs export certificate
Imports from Non-EU Countriesβ
VAT Treatment:
- VAT payable on import
- VAT calculated on customs value + duties
- Paid at time of import
- Can be recovered as input VAT
Example:
- Import goods from China: β¬10,000
- Customs duties: β¬500
- VAT Base: β¬10,500
- VAT (17%): β¬1,785
- Total to Pay: β¬12,285 (β¬10,000 + β¬500 + β¬1,785)
Recovery:
- VAT paid on import: β¬1,785
- Can recover as input VAT in VAT return
- PCN Recording:
- Debit 601 (Purchases): β¬10,500
- Debit 44551 (Input VAT): β¬1,785
- Credit 512 (Bank): β¬12,285
Distance Selling (E-Commerce)β
EU Distance Sellingβ
When Applicable:
- Sell goods to EU consumers
- Exceed distance selling thresholds
- Must register for VAT in customer's country
Thresholds:
- β¬10,000: Annual threshold (can use home country VAT)
- Over β¬10,000: Must register in customer's country
Example:
- Luxembourg business sells online to French consumers
- Annual sales: β¬15,000
- Must register for VAT in France
- Charge French VAT rates to French customers
Non-EU Distance Sellingβ
VAT Treatment:
- Zero-rated for exports
- Export documentation required
- Proof of export needed
Digital Servicesβ
B2B Digital Services (EU)β
VAT Treatment:
- Reverse charge applies
- Customer accounts for VAT in their country
- No Luxembourg VAT
B2C Digital Services (EU)β
VAT Treatment:
- VAT in customer's country
- Must register for VAT in each EU country (or use MOSS)
- Charge customer's country VAT rate
MOSS (Mini One Stop Shop):
- Single registration in Luxembourg
- File returns for all EU countries
- Pay VAT to each country through MOSS
Documentation Requirementsβ
For Exportsβ
- Export Declaration: Customs export declaration
- Shipping Documents: Bill of lading, airway bill
- Proof of Export: Customs export certificate
- Invoice: Invoice showing 0% VAT
For Importsβ
- Import Declaration: Customs import declaration
- Customs Documents: Entry documents
- VAT Payment Proof: Proof of VAT payment
- Invoice: Supplier invoice
Luxembourg Compliance Noteβ
Critical Requirements:
- Valid VAT Numbers: Verify EU customer VAT numbers
- Export Proof: Maintain proof of export for non-EU sales
- Import VAT: Pay import VAT at customs
- EC Sales List: File if required
- Documentation: Keep all cross-border transaction documents
Common Issues:
- Invalid VAT Numbers: Cannot zero-rate without valid VAT number
- Missing Export Proof: Cannot zero-rate without proof
- Incorrect Rates: Using wrong VAT rate for cross-border transactions
- Late Reporting: Missing EC Sales List deadlines
Think It Throughβ
Sophie's bakery receives an order from a French business for β¬2,000 of specialty bread. The French business provides a VAT number. How should Sophie handle this transaction? What VAT rate should she charge? What documentation does she need?
Concepts in Practiceβ
Cross-Border Transaction
Artisan Boulangerie receives order from French restaurant:
Transaction Details:
- Customer: French restaurant (VAT number: FR12345678901)
- Order: β¬2,000 specialty bread
- Delivery: To France
VAT Treatment:
- Intra-EU B2B Supply: Zero-rated (0% VAT)
- Invoice shows: "Intra-EU supply to FR12345678901 - VAT: 0%"
- No Luxembourg VAT charged
PCN Recording:
- Debit 411 (Customers): β¬2,000
- Credit 701 (Sales): β¬2,000
- No VAT recorded (zero-rated)
Reporting:
- Include in EC Sales List (if threshold exceeded)
- Report in VAT return as zero-rated supply