- EU VAT Committee issued guidance on taxing SPVs across Member States
- Guidance published on 23 April 2025 after Meeting No 125 on 18 November 2024
- Focus on determining which country taxes supplies using SPVs
- For SPVs for electronic services
- B2C supplies: VAT due in Member State where customer lives
- B2B supplies: VAT due in Member State where customer’s business is established
- For SPVs for non-electronic services
- Services connected to immovable property: VAT due where property is located
- Services connected to goods supplied without transport: VAT due in Member State where goods are at time of sale
- Guidelines provide clarity on cross-border VAT treatment for businesses issuing SPVs
- Aims to make compliance across EU Member States more predictable and manageable
Source: fintua.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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