On 4 May 2023, the Court of Justice of the European Union (CJEU) ruled that the VAT exemption for leasing and letting of immovable property applies to the letting of permanently installed equipment and machinery if the latter constitutes a supply ancillary to a principal supply of leasing of immovable property under an agreement between the same parties (C-516/21, Finanzamt X).
Source: taxathand.com
Latest Posts in "European Union"
- Commission calls on BELGIUM, FRANCE, and MALTA to fully implement the new EU VAT rules for the special SMEs scheme
- From matchmaker to supplier: deemed supplies and platform classification under EU VAT
- European Commission Report Highlights Uneven VAT Rate Exemptions Across EU Member States
- EU Packaging Regulation Faces Legal Challenges Over Reusability, Plastic Ban, and Deposit Requirements
- European Union Adopts Peppol PINT Billing Standard for E-Invoice Interoperability
