The VAT conundrum of fuel cards electrónico thoughts on the ECJ judgment in VEGA International David Gómez and Gorka Echevarría Zubeldia
By: Gómez, David
.
Contributor(s): Echevarría Zubeldia, Gorka.
Material type: 
ArticlePublisher: 2019Subject(s): IMPUESTO SOBRE EL VALOR AÑADIDO | SERVICIOS FINANCIEROS | GASOLINA | EMPRESAS MULTINACIONALES | TRIBUNAL DE JUSTICIA DE LAS COMUNIDADES EUROPEAS | UNION EUROPEA | JURISPRUDENCIA
In:
International VAT Monitor v. 30, n. 6, November / December 2019, p. 255-260Summary: The ECJ's judgment in Vega International has created a wave of controversy amongst VAT practitioners. The ECJ concluded that when a parent company provides fuel cards to its subsidiaries, enabling those subsidiaries to refuel the vehicles they transport at petrol stations, the parent company is not, for VAT purposes, the recipient of the fuel deliveries made by the service stations, nor is that company delivering fuel to its subsidiaries. On the contrary, the parent company is, for VAT purposes, providing services to the subsidiaries comparable to the granting of credit, which is exempt from VAT. In this article, the authors' objective is to extrapolate the conclusions of this decision to other cases and explain how the usage of fuel cards operates in the market.
| Item type | Current location | Home library | Call number | Status | Date due | Barcode |
|---|---|---|---|---|---|---|
| Recursos electrónicos | IEF | IEF | IVM/2019/6-4 (Browse shelf) | Available | IVM/2019/6-4 |
Disponible únicamente en formato electrónico.
Resumen.
The ECJ's judgment in Vega International has created a wave of controversy amongst VAT practitioners. The ECJ concluded that when a parent company provides fuel cards to its subsidiaries, enabling those subsidiaries to refuel the vehicles they transport at petrol stations, the parent company is not, for VAT purposes, the recipient of the fuel deliveries made by the service stations, nor is that company delivering fuel to its subsidiaries. On the contrary, the parent company is, for VAT purposes, providing services to the subsidiaries comparable to the granting of credit, which is exempt from VAT. In this article, the authors' objective is to extrapolate the conclusions of this decision to other cases and explain how the usage of fuel cards operates in the market.
Click on an image to view it in the image viewer
There are no comments for this item.