1 Followers
24 Following
Makesworth

VAT Information Exchange system (VIES)

VAT Information Exchange System (VIES) provides a mechanism whereby checks can be made in each Member State on the validity of claims to zero-rating. It helps to detect unreported movements of zero-rated goods between the Member States. Where a VAT registered person supplies goods or services to business customers registered for VAT in another EU jurisdiction, that person is required to complete a statistical return known as a VAT Information Exchange System (VIES) return. This is Ireland’s version of the EC Sales List/ESL.