- Advocate General delivered opinion on April 3, 2025, in case C232/24 Kosmiro
- Case concerns VAT treatment of factoring commissions and arrangement fees
- AG concluded these fees are subject to VAT as they are remuneration for services
- Factoring activities involve debt collection, excluded from VAT exemption
- Opinion could affect VAT treatment of structured finance services in the EU
- Review current finance arrangements and VAT treatment in light of this opinion
- Consider implications of pending A Oy case on VAT treatment of loan servicing
Source: alvarezandmarsal.com
See also
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"
- Comments on ECJ C-121/24: Non-payment of declared VAT does not constitute VAT fraud
- European Parliament Approves Simplifications to Carbon Border Adjustment Mechanism (CBAM)
- Comments on ECJ C-472/24: In-game gold: AG Kokott’s advice on VAT exemption, vouchers & margin scheme
- AG Kokott’s Opinion: VAT Exemption, Vouchers, and Margin Scheme for In-Game Gold Trading
- EU Reaches Agreement on 2028 Customs Reform
