The 108th VAT Committee’s working papers report the principal subjects discussed during this meeting. The following subjects have notably been discussed: possible qualification of advisory services by credit intermediaries as negotiation of credit; scope of the notion of electronically supplied services: minimal human intervention (second follow up); substantive importance of the VAT identification number of the recipient for the exemption of intra-Community supplies; adjustment of input VAT deduction where a taxable person is carrying out both economic activities and non-economic activities; possible VAT implication of transfer pricing; VAT aspects of centralized clearance for customs upon importation…
- For more information: Working papers VAT Committee