The BFH has ruled that the in-game “leasing” of virtual land in an online game is not a taxable supply. Conversely, as a matter of contractual law the exchange of a game currency into legal tender (in the case under dispute via an exchange administered by the operator of the game) gives rise to a supply subject to VAT.
Source KPMG
Latest Posts in "Germany"
- German Federal Tax Court Rules on Double RETT Assessment in Share Deal Transactions
- VAT Exemption for Care Services Financed Through Personal Budgets Under German Law
- New VAT Classification for Online Event Services Under German Tax Law
- VAT Correction Claims in Insolvency: Authority and Entitlement Under German Tax Law
- Tax Treatment of Concession Fees in Power Grid Leasing Arrangements
