Advocate-General (AG) Pitruzzella of the Court of Justice of the European Union (CJEU) issued his opinion on 3 March 2022 determining that a holding company may not recover input VAT incurred on a taxable supply of services contributed free of charge to its subsidiaries and used for VAT-exempt activities of the subsidiaries (Finanzamt R v W-GmbH). The CJEU still must issue its decision in the case.
Source BDO
Latest Posts in "European Union"
- EESC Opinion: EPPO and OLAF Access to EU-Wide VAT Data to Combat Fraud
- General Court Confirms Dual VAT Liabilities Possible for Incorrect Invoicing of Intra-Community Supplies
- CJEU Rules ‘Financing’ Not Exempt in VAT Assessment of Factoring Transactions in Kosmiro Case
- Understanding the VAT Gap: Impact on Global Compliance, Business Operations, and Digital Tax Reforms
- EU Court Clarifies VAT Exemption Rules for Cost-Sharing Groups in Healthcare and Education Sectors
