Umsatzsteuer Newsletter

Search

Umsatzsteuer Newsletter 32/2019
Input VAT deduction for infrastructure construction works free of charge – rethink by the Federal Fiscal Court
What is the extent of the direct and immediate link, which must exist between an input supply and a taxed output supply, in order for a taxpayer to be entitled to input VAT deduction from the input supply? The German Federal Fiscal Court had the opportunity to comment on this question - following on from the ECJ’s case law in Iberdrola and Sveda. However, it decided to flip the matter over Luxembourg and - in addition to two further questions - refer the question regarding the link to the ECJ (Ref.: XI R 28/17). Even if the Federal Fiscal Court has not committed itself, this referral can be seen as a positive sign that it may, in the future, be prepared to broaden the concept of what it considers to be a direct and immediate link. This opens up new sources of input VAT for taxpayers – especially in the case of infrastructure construction works.
mehr
Umsatzsteuer Newsletter 31/2019
A look across the border
PORTUGAL obliges to register in central register of beneficial owners and extends deadline for application of certified invoicing software +++ HUNGARY allows input VAT deduction before registration +++ CHILE stops introduction of digital tax +++ GREECE plans real-time reporting of invoices +++ AUSTRIA plans tax on digital advertising revenues and postpones introduction of margin scheme on B2B travel services +++ POLAND publishes new draft law on split payment and postpones introduction of new SAF-T +++ SLOVAKIA reduces VAT rate for accommodation services
mehr
Umsatzsteuer Newsletter 30/2019
Maritime transport and aviation transactions: Federal Ministry of Finance specifies conditions for zero-rating
After criticism from the associations, the Federal Ministry of Finance has, by the publication of its letter of 18.06.2019, once again, amended section 8.1 of the German VAT Circular as regards the zero-rating of the supply of goods and services for sea-going vessels and aircrafts. The question as to whether the vehicle already exists and whether the zero-rating applies will no longer be a question of launching the vehicle, but of acceptance by the customer. The Federal Ministry of Finance had only introduced the launching date as the decisive date for the existence of a sea-going vessel into the German VAT Circular in its letter of 05.09.2018.
mehr

Pages