Tax & Legal News – Issue 5, July 2016

In this issue: Supreme Tax Court Cases, From Europe and From PwC

Supreme Tax Court Cases

• ECJ to clarify invoice requirements for deduction of input VAT
• LLP partners to be taxed where they practise
• Ship charter trade tax privilege only if charterer mans ship himself
• No de minimis exclusion for negative interest deduction for trade tax
• No royalty charge for assumption of group name by subsidiary
• VAT rate for providing parking space separate from hotel accommodation

From Europe

• No extension of inheritance tax privilege for repeated transfers to transfers taxable abroad
• Commission clarifies scope of EU State aid rules to facilitate public investment

From PwC

• Breaking News

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