VAT news tagged as "Exemption"

United Kingdom

UK Conservative Clubs face VAT bill

April 9th, 2016

UK Conservative Clubs (Club), associated with the UK Conservative Party, have lost a key test VAT case that could see them facing a tax bill running into hundreds of thousands of pounds. The UK’s First Tier Tribunal (FTT) court has ruled that the Clubs do not have ‘political aims’ that entitle them to a VAT …


Doubt on outsourced insurance services VAT exemption

January 11th, 2016

The EU’s Advocate General (AG) has challenged the view that outsourced insurance claims services can enjoy the wider financial services VAT exemption. The view came from a Polish case around outsourced claims handling for accident insurance claims. The taxpayer claimed this benefited from the EU VAT Directives insurance and reinsurance exemption, and therefore it did …

Russian Federation

Russia extends financial services VAT exemption

December 22nd, 2014

The Russian VAT office has extended the range of financial services subject to the Value Added Tax exemption. Russia regards core financial services, including banking and insurance, as outside of the scope of its VAT regime. The latest confirmation widens this relief to include services provided by brokers, fund managers, pension funds, exchanges and traders …


Germany VAT does not apply to subsidies to staff canteens

May 10th, 2014

The German Federal Court has overruled the German tax office on its interpretation of VAT treatment on subsidies to staff canteens. The German VAT office treated subsidies by employers to the operators of their staff canteens as a VAT event. And that the canteen operator should levy German VAT at 19% on their invoices to …


Finland MBA education liable to VAT

March 7th, 2014

The Danish Tax Board has confirmed that MBA courses provided by public universities are still subject to Danish VAT. MBAs do not qualify for the education VAT exemption. The University in question provided MBA in addition to undergraduate education and degrees.  It also offered educational services to foreign educational establishments’ students.  The tax authorities wanted …


Canadian GST compliance changes

February 17th, 2014

The new Canadian budget for 2014, published this month, included a range of changes to the Canadian GST (Goods and Services Tax) and HST (Harmonised Sales Tax) regime.  You can read more about the existing Canadian GST system here. Canadian tax changes included: New powers for the tax authorities to impose GST registration where they …