CJEU gives precedence to national legislation over concept of principal and ancillary supplies
A recent judgment of the Court of Justice of the European Union (CJEU), arising from disputes in Germany, shows that an “all-inclusive” package may be split into a part subject to the reduced rate and a part subject to the standard rate, without…
CJEU on VAT treatment of transfer pricing adjustments
The Court of Justice of the European Union (CJEU) has ruled on a case concerning transfer pricing in relation to vehicle repairs. According to its judgment, a transfer pricing adjustment does not constitute consideration for a supply of services…
SAC: When does advance payment trigger obligation to declare VAT?
In a recent judgment, the Supreme Administrative Court (SAC) held that the obligation to declare VAT on a received advance payment arises when, as of the date the advance payment is received, the taxable supply is known with sufficient specificity.…
Claiming input VAT before receiving invoice: landmark EU General Court judgment does not (yet) change Czech practice
The EU General Court’s judgment has attracted much attention, as it opened a key question: can a taxpayer claim the right to deduct VAT already for the period in which the tax liability arose even if the invoice was received only later – yet still…
CJEU: VAT treatment of loyalty points
In its recent judgment in Case C 436/24 Lyko Operations, the Court of Justice of the European Union (CJEU) held that points awarded under a customer loyalty scheme do not constitute “vouchers” pursuant to the VAT Directive where their use is…
Proposed amendment to VAT Act targets three key areas
The proposed amendment to the VAT Act, introduced in connection with EET 2.0, focuses on three main areas: irrecoverable receivables on the creditor’s side, unpaid liabilities on the debtor’s side, and changes to the VAT rate applicable to non…
GFD’s Information on VAT on immovable assets – Part II
Rules for applying VAT on renovation work, tax rates applicable to housing, and changes in the optional application of VAT on the supply of immovable assets: these are the topics of Part II of our article about the General Financial Directorate’s…
EU General Court on right to deduct VAT one month earlier fundamentally changes current practice
The EU General Court has issued an important decision (T 689/24) on VAT deduction, which has a fundamental impact on the practice of taxable entities and the creation of national legislation. The court addressed the question of whether it is…