000			01899nab a2200253 c 4500
003			ES-MaIEF
005			20180925143701.0
007			ta
008			180925s2018 ne ||||| |||| 00| 0|eng d
040			_aES-MaIEF _bspa _cES-MaIEF
041			_aeng
100	1		_960731 _aGamito, Philippe
245			_aIs an instruction to make a payment an exempt supply for VAT purposes? _c Philippe Gamito
260			_c2018
500			_aResumen.
520			_aOver the last years, the VAT exemption applicable to transactions concerning payments and transfers has been subject to a strict interpretation by the Court of Justice of the European Union (CJEU). What constitutes these transactions has been narrowed down by the CJEU to the function of 'having the effect of transferring funds and entail changes in the legal and financial character'. This has reduced the opportunity for intermediaries in the supply chain to benefit from the exemption. On 21 March 2018, the Advocate General (AG) handed down his Opinion in DPAS Limited (DPAS) (Case C-5/17), whose conclusions appear to potentially narrow down even further any scope for exemption as regards transactions concerning payments or transfers. According to the AG, the exemption should not apply to a provider that 'only' instructs banks to transfer sums of money insofar as it constitutes a 'mere physical, technical or administrative service' that is not covered by the exemption. In this article, the author analyses the AG Opinion and provides some alternate views in light of previous case law.
650		4	_947926 _aPAGO
650		4	_948591 _aTRANSFERENCIAS
650		4	_950141 _aIMPUESTO SOBRE EL VALOR AÑADIDO
650		4	_944038 _aEXENCIONES TRIBUTARIAS
650		4	_948644 _aUNION EUROPEA
773	0		_9157521 _oOP 2141-B/2018/4 _tEC Tax Review _w(IEF)124968 _x 0928-2750 [print] _g v. 27, Issue 4, August 2018, p. 218-224
942			_cART
999			_c138914 _d138914