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ECJ case C-695/19 (Rádio Popular) – Questions – Intermediation in the sale of extended warranties on household electrical appliances; VAT exemption?

Request for a preliminary ruling from the Tribunal Arbitral Tributário (Centro de Arbitragem Administrativa — CAAD) (Portugal) lodged on 20 September 2019 in case C-695/19 (Rádio Popular — Electrodomésticos, S.A. v Autoridade Tributária e Aduaneira)

Question referred:

Do transactions involving intermediation in the sale of extended warranties on household electrical appliances, which are carried out by a taxable person under VAT law whose principal activity consists in the sale of household electrical appliances to consumers, constitute financial transactions, or are they to be treated as such pursuant to the principles of neutrality and non-distortion of competition, for the purposes of exclusion of the amount represented by them from the calculation of the deductible proportion, in accordance with Article 135(1)(b) and/or (c) of the VAT Directive?

Source: curia.europa.eu