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
Latest Posts in "European Union"
- ViDA – Transfer of Own Goods Scheme and its Intrastat Implications
- Roadtrip through ECJ Cases – Focus on ”Public bodies” (Art. 13)
- Latest Trends in Global VAT Compliance for Online Businesses in 2026
- EU – IOSS Scheme: Customs & Business Benefits for E-Commerce Vendors
- Comments on ECJ C-527/24: Right to VAT Refund Despite Technical Glitch in Cross-Border Application
