VAT Committee’s Guidelines on Single-Purpose Vouchers Post-ECJ Finanzamt O Judgment

A single-purpose voucher is defined by the known place of supply and VAT at issuance.
The ECJ ruled that SPV classification is independent of distribution chains.
The VAT Committee discussed the ECJ judgment and updated guidelines in July 2025.
The Committee agrees on determining the place of supply for SPVs.
Prepaid cards indicating the Member State for electronic services are treated as SPVs.
Art. 58 of the EU VAT Directive applies to non-taxable recipients, while B2B transactions remain separate.
The place of supply for B2B transfers of prepaid cards is the Member State of the recipient.
Some cases require a case-by-case assessment for the place of supply.
Further details are available in Working Paper No. 1089 REV.

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.