Glossary entry

Spanish term or phrase:

AIB vs. EIB

English translation:

intra-Community acquisitions of goods vs. intra-Community supply of goods

Added to glossary by John Cutler
Aug 10, 2011 11:20
13 yrs ago
3 viewers *
Spanish term

AIB vs. EIB

Spanish to English Bus/Financial Law: Taxation & Customs VAT/IVA
The context is a document on intra-community VAT tax obligations.

My question is what do AIB and EIB stand for and how are they written in English?

Some examples from the document...

En virtud de lo establecido por el art. 71 LIVA, una *AIB* se entiende realizada en territorio español de aplicación del IVA cuando se fije en España el lugar de expedición o transporte de los productos,

En cuanto a la facturación del 3%, margen de Empresa A, se considera un prestado en España y por lo tanto para Empresa B será asimilada a una *AIB* y para Empresa A a una *EIB*.

Discussion

philgoddard Aug 10, 2011:
John With questions like this, you could look up the act yourself. I Googled it, found article 71, and got the answer in about 30 seconds.
Apolonia Dermit Aug 10, 2011:
Hi,
They stand for "Adquisición Intracomunitaria de Bienes" and "Entrega Intracomunitaria de Bienes". Not much time now, but I'll see if I can find the English equivalent.

Proposed translations

+1
12 mins
Selected

intra-Community acquisitions of goods vs. intra-Community supply of goods

AIB :Adquisiciones intracomunitarias de bienes
EIB :Entrega Intracomunitaria de Bienes
Peer comment(s):

agree Rafael Molina Pulgar
2 mins
Gracias Rafael.
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "¡Gracias Dolores!"
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