reinvoicing is the establishment of a tax haven corporation to act as an intermediary between an exporter and his customers. The profits of this intermediary corporation and the exporter allow the accumulation of some or all profits on transactions to be accrued to the offshore corporation. It should be noticed that a similar structure can be utilized by an importer.
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FI: myynnin uudelleen laskuttaminen [T60574]
DE: Verkäufe neu fakturieren [T60574]
Two of the exporting producers had related importers in the Community and both indicated that they considered that the profit margin allocated to those importers (5,5 %) was unreasonably high given that the functions performed by the importers was limited to the re-invoicing of sales, without playing an active role in the sale itself.
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