000			01643nab a2200241 c 4500
999			_c141900 _d141900
003			ES-MaIEF
005			20220907170908.0
007			ta
008			200221t2019 ne ||||oo|||| 00| 0|eng d
040			_aES-MaIEF _bspa _cES-MaIEF
041			_aeng
100	1		_aAmand, Christian _913665
245	1	0	_aEU VAT and financial services _helectrónico _bwhich rules, what consequences and which possible solutions? _c Christian Amand
260			_c2019
500			_aDisponible únicamente en formato electrónico.
500			_aResumen.
520			_aVAT has never been applied on financial services due to, among other reasons, the difficulty of determining the taxable base for each individual transaction. The essential characteristic of EU VAT is that it taxes the consumption in a specific country, irrespective of the country of production. However, exemptions have turned VAT into a tax on production, attributed to the country of production, and an incentive to use multiple channels in order to outsource production to low tax jurisdictions, particularly those outside the European Union. In this article, the author suggests that financial services supplied by regulated organizations to business and to government organizations should be zero rated and business-to-consumer services could be taxable on the gross margin, possibly at a reduced VAT rate.
650		4	_953899 _aSERVICIOS FINANCIEROS
650		4	_950141 _aIMPUESTO SOBRE EL VALOR AÑADIDO
650		4	_948644 _aUNION EUROPEA
773	0		_9162087 _oIVM/2019/5 _tInternational VAT Monitor _w(IEF)133610 _x 0925-0832 _g v. 30, n. 5, September / October 2019
942			_cRE