- Recent administrative and EU case law have addressed the tax penalties for shell companies
- The tax rules aim to discourage the use of corporate structures to hide the true owner of assets
- Penalties for VAT have been the subject of recent rulings and interpretations
- Companies deemed “non-operational” face restrictions on VAT refunds and credit compensation
- A recent ruling allows taxpayers to reinstate disputed VAT credits in subsequent tax periods
Source: eutekne.info
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "European Union"
- Advocate-General: Transfer Pricing Adjustments for Intra-Group Goods Likely Subject to VAT Compliance
- Transfer Pricing Adjustments Affect VAT Only if They Alter Agreed Transaction Price Between Parties
- A-G CJEU: Transfer Pricing Adjustments Are VAT Price Corrections for Previous Sales, Not Services
- AG Kokott: Transfer Pricing Adjustments Affect VAT Only if They Change Consideration, Not Just Profit Allocation
- EU Introduces Flat EUR 3 Customs Duty Per Item for Low-Value Imports from July 2026
