VAT news tagged as "call-off stock"

Germany

Germany decrees for call-off stock

October 17th, 2017

The German Federal Ministry of Finance published a decree on 10 October to permit a VAT registration exemption for foreign companies holding call-off stock in Germany. Call-off stock are goods held in a foreign country by a non-resident seller, but under the full control of a single customer. This includes the right for the customer to access …


Germany

German call-off stock VAT registration

March 18th, 2017

The German Federal Tax Court (BFH) has ruled that non-resident companies providing call-off stock in German will no longer have to VAT register.  The tax authorities have yet to comment or apply the change. The ruling, FG Hessen, concerned a Spanish company that held stocks with a German customer.  The customer controlled the terms of …