IFinance glossary

Intra-Community VAT Number

Quick definition

A tax identifier for transactions within the EU.

Overview

The intra-community VAT number is a tax identifier used by businesses in the European Union for VAT-free cross-border transactions.

Common uses

  • Intra-EU transactions
  • Tax returns
  • Invoicing

Examples of use in small businesses

  • European trade
  • Tax management
  • Avoiding double taxation
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