VAT Treatment of Intermediaries Acting in Their Own Name in Multi-Purpose Voucher Distribution Chains

• If no agreement on commission exists, the intermediary’s remuneration is the difference between the voucher’s issue price and the purchase price.
• This principle applies even when the voucher-issuing entrepreneur acts in their own name and for their own account.
• In distribution chains with multiple intermediaries, the taxable base for each intermediary’s service is the difference between the voucher value and the intermediary’s purchase price, if no commission agreement exists.
• The VAT Application Decree is amended to reflect these rules for multi-purpose vouchers handled by intermediaries acting in their own name and on their own account.

Source: bundesfinanzministerium.de

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.

---

---