The decision of the Court of Justice of the European Union (CJEU) on the Portuguese case Paulo Nascimento Consulting (Case C-692/17) recently became available.
This case dealt with whether an assignment, for consideration, of all the claimant’s rights and obligations in an enforcement proceeding triggered for the recovery of a debt/receivable recognised by a judgment, the recovery of which was secured by the attachment and award to the assignor of property belonging to the debtor, is VAT exempt under article 135(1)(b) of the VAT Directive [corresponding to article 9(27)(a) of the Portuguese VAT Code], as a transaction concerning granting, negotiating and management of credit.
Source International Tax Review
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