VAT news tagged as "Shared services"


Germany challenged by EU to extend VAT exemption

March 1st, 2015

The European Commission has challenged Germany to extend the VAT exemption on group shared services to all industries. Group VAT exemptions allow related companies to forego charging VAT on intra-group transactions to help reduce cash-flow and administrative burdens. At present, the EU VAT Directive permits such schemes in member countries irrespective of the industry. Such …