The Resource VAT : 'money off vouchers' and 'cash back schemes' - what are the problems and how can they be solved?

VAT : 'money off vouchers' and 'cash back schemes' - what are the problems and how can they be solved?

Label
VAT : 'money off vouchers' and 'cash back schemes' - what are the problems and how can they be solved?
Title
VAT : 'money off vouchers' and 'cash back schemes' - what are the problems and how can they be solved?
Creator
Subject
Language
eng
Summary
Specific VAT issues currently exist with regard to situations where specific 'money off vouchers' are used as part payment for the supply of goods and services or, for example, where the purchaser of goods can use a 'cash back voucher' to get a partial payment from the manufacturer of the goods for the purchase price that the purchaser paid to the retailer selling these goods. The EU VAT Directive does not provide for rules on the treatment of such transactions, and the guidance given by the Court of Justice of the European Union leaves numerous issues unsolved. In order to solve these issues, the European Commission has proposed several amendments to the EU VAT Directive. In this article, the author identifies all VAT issues related to these types of transactions. Then he describes the Commission proposal, and demonstrates that this proposal does not address or solve all these issues. Finally, the author provides an alternative proposal that, in his view, solves the relevant VAT issues. This solution is based on the principle that, where two persons pay for or fund a transaction, under specific circumstances, both persons should be entitled to a proportionate deduction of the VAT due on this transaction
Citation source
In: EC tax review. - Alphen aan den Rijn. - Vol. 21 (2012),
http://library.link/vocab/creatorName
Bijl, J
Geographic coverage
  • European Union
  • Europe
Language note
English
http://library.link/vocab/subjectName
  • voucher
  • VAT deduction
  • ECJ case law
  • VAT Directive
Label
VAT : 'money off vouchers' and 'cash back schemes' - what are the problems and how can they be solved?
Instantiates
Publication
Label
VAT : 'money off vouchers' and 'cash back schemes' - what are the problems and how can they be solved?
Publication

Library Locations

    • IBFD Library AmsterdamBorrow it
      Rietlandpark 301, Amsterdam, 1019 DW, NL
      52.3736660 4.9336932