VATupdate

Share this post on

Advocate General at the Court of Justice of the European Union recommends a broad interpretation of the term ‘insurance’ for the purposes of the VAT exemption

Advocate General at the CJEU recommends a broad interpretation of the term ‘insurance’ for the purposes of the VAT exemption
On February 4, 2015, the Advocate General (AG) M. Szpunar at the Court of Justice of the European Union (CJEU) issued his Opinion in the French case Mapfre Asistencia and Mapfre Warranty SpA versus Directeur général des finances publiques. The case concerned the question whether the payment of a predetermined (fixed) amount in exchange for the provision of a warranty for a particular period to cover the cost of repairing defects in used cars, must be regarded as an insurance premium for the purposes of VAT. The case is important for the scope of the insurance exemption for VAT purposes.
» Read more  |

Sponsors:

VAT news

Advertisements:

  • vatcomsult
  • AXWAY - VATupdate Banner
  • VATupdate.com