- The Court of Justice of the EU has ruled that the VAT paid by German art trader, Harry Mensing, on intra-Community acquisitions must be included in the taxable amount.
- Mensing’s request for the profit margin scheme to be applied to works of art acquired from other Member States was rejected by the German tax authorities, leading to questions for a preliminary ruling from the German court. The Court of Justice of the EU found that the VAT is part of the taxable amount upon delivery and that double taxation results from current EU law.
See also
- Summary of ECJ C-180/22 (Mensing) – VAT paid on intra-EU acquisition is to be included in taxable amount under profit margin scheme
- C-180/22 (Mensing) – Decision – VAT paid on intra-EU acquisition is to be included in taxable amount under profit margin scheme
- Join the Linkedin Group on ECJ VAT Cases, click HERE
- For an overview of ECJ cases per article of the EU VAT Directive, click HERE
Latest Posts in "European Union"
- ICS2 Implementation for Northern Ireland: Transition Details and Support for Carriers by HMRC
- EU Court Upholds VAT Exemption for Exported Goods Despite Initial Intra-EU Delivery Intentions
- Consultation on European CBAM rules
- From Accounting Entry to Taxable Event: The Acromet Case and VAT-TP Implications
- DG TAXUD Extends ICS2 Road and Rail Transport Deadline to December 31, 2025
