Tax & Legal

Categories: All (3 found)

1. 18.07.2025

   VAT: Council formally adopts new rules simplifying tax colle ...

   The EU Council today formally adopted new value added tax (VAT) rules for distance sales of imported goods. The new rules take the form of a directive which amends directive 2006/112/EC, known as the VAT directive.

   Categories: From Europe

   Keywords: import VAT, Supply of goods
2. 01.05.2024

   ECJ: Free-of-charge supplies of heat to other taxable person ...

   Following a request for a preliminary ruling from the Supreme Tax Court the European Court of Justice decided that the transfer free of charge of heat produced by a taxable person to other taxable persons is treated as a VATable supply of goods for consideration. It is irrelevant in that regard whether the recipients use the heat for purposes entitling to an input VAT deduction.

   Categories: European Court of Justice

   Keywords: free-of-charge, Supply of goods
3. 20.10.2017

   VAT – Supply of goods – Finance lease with option to purchas ...

   On 4 October 2017 the European Court of Justice decided that a finance lease with an option to purchase should be qualified as a “supply of goods” where the exercise the option appears to be the only economically rational choice that the lessee could make at the appropriate time. As a result the whole of the VAT becomes due when the object to be leased is handed over.

   Categories: From Europe, European Court of Justice

   Keywords: car leasing, VAT, Supply of goods, Finan ...