VATupdate
CJEU: warranty may be VAT exempt insurance

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CJEU: warranty may be VAT exempt insurance

On July 16, 2015, the CJEU ruled that the provision of a warranty could be regarded as a VAT exempt insurance. Under certain circumstances, however, this warranty may be so interconnected with the sale of a product that these transactions must be regarded as a single VAT taxed supply for VAT purposes. (read more)

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