- CJEU judgment clarifies VAT treatment of vouchers in Germany
- Voucher qualifies as SPV subject to VAT upon each sale if place of supply and VAT payable are known at issuance
- Case involved German reseller of country-locked X-cards, argued they were MPVs
- CJEU found X-cards met conditions for SPV treatment, remanded for further determination
- Resale of X-cards may still be subject to VAT as distinct supply of independent service
- Judgment provides clarity on EU VAT rules for vouchers, but leaves room for interpretation and potential differences in application between member states
Source: kpmg.com
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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