Global

Details

  • Service: Tax, Global Indirect Tax, Global Compliance Management Services
  • Type: Regulatory update
  • Date: 2/1/2013

The Netherlands - VAT developments concerning retailers, vouchers 

February 1:   Value added tax (VAT) developments in the Netherlands affecting the retail sector include:
  • A Court of Appeal Amsterdam decision that VAT is owed on the payment that a seller of telephone cards receives for the sale of a telephone card, and not on the face value of the card
  • A Court of Appeal request for a preliminary ruling from the Court of Justice of the European Union (CJEU) as to whether the supply of discount vouchers is exempt from VAT
  • A request of an English court of the CJEU as to whether VAT is due on the sale of products paid for with a “fraudulent” credit card
  • Proposed amendments to the VAT Directive by the European Commission to address the VAT treatment of vouchers

Read a January 2013 report [PDF 193 KB] prepared by the KPMG member firm in the Netherlands: Indirect Tax Alert Retail – The Netherlands




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