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ECJ: VAT Treatment of Pawned Goods Auction Sales – No Accessory Character to Credit Concession

  • The Court of Justice of the European Union clarified that the organization of auctions for pledged goods is not accessory to the granting of credit on pledge
  • This means that these services do not share the same tax treatment as the main services related to the granting of credit on pledge in terms of VAT.

Source: ipsoa.it

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.

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