08.12.2021 Update: EU Council reaches agreement on updated rules for VA ... On 7 December 2021 the Council reached agreement on a proposal to update EU rules on rates of value added tax (VAT). The updates ensure member states are treated equally and give them more flexibility to apply reduced and zero VAT rates. The rules will also phase out preferential treatments for environmentally harmful goods. Categories: From EuropeKeywords: VAT rates
16.06.2020 Federal Cabinet releases draft bill for post-covid stimulus ... The German Federal Cabinet has released the draft bill on the crisis management package aimed at mitigating the economic impact of the COVID 19 pandemic. Categories: Official PronouncementsKeywords: Coronavirus (COVID-19), loss carry-back, ...
26.05.2020 Supermarket discount model "Membership" is subject to the st ... In its judgment of 18 December 2019 (XI R 21/18) published on 22 May 2020, the Supreme Tax Court ruled that the granting of a right to purchase goods at a reduced price (in the form of a "membership") constitutes an independent service for VAT purposes and not just a service ancillary to the subsequent sale of goods. Categories: Supreme Tax Court casesKeywords: membership, discount models, VAT rates
