Details

Service: Tax
Type: Business and industry issue
Date: 6/11/2012

The ECJ: The VAT base is not the open market value in all related party transactions

In its judgment of 26 April 2012 on joined cases C-621/10 and C-129/11, Balkan and Sea Properties and Provadinvest, the Court of Justice of the European Union (ECJ) ruled that for VAT purposes Member States could fix the tax base of supplies between related parties to the open market value only in the specific cases in which either the supplier or the recipient do not enjoy the right to full input VAT deduction.

Access the publication:

The ECJ: The VAT base is not the open market value in all related party transactions (English version)

Съдът на ЕС: Данъчната основа на сделки между свързани лица може да е пазарната цена само в определени случаи (Bulgarian version)

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