Global

Details

  • Service: Tax, Global Indirect Tax, Global Compliance Management Services
  • Type: Regulatory update
  • Date: 9/19/2012

Germany - Review of recent VAT-related decisions of CJEU  

September 19:  Judgments of the Court of Justice of the European Union (CJEU) concerning value added tax (VAT) issues address:
  • Portfolio management services for individual clients are subject to VAT
  • Burden of proof in relation to input VAT deduction when involvement in VAT fraud is suspected
  • Right to deduct input VAT on capital expenditures with a view to temporary use for private purposes
  • Tax-exempt supply of aircraft operating for reward chiefly on international routes
  • Entrepreneur status
  • Reference to the CJEU regarding a reduction in consideration due to discounts granted by an agent
  • Reference to the CJEU regarding the definition of a supply closely related to hospital and medical care

Also, a look at electronic invoicing in Germany since July 2011 is included.


Read the August/September 2012 report [PDF 165 KB] prepared by the KPMG member firm in Germany: MwSt.VAT Newsletter




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