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22 November 2013
Issue: 7585 / Categories: Case law , Law digest , In Court
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VAT

Tulica v Agentia Nationala de Administrare Fiscala—Directia Generalia de Solutionare a Contestatilor and another case C-249/12 and C-250/12, [2013] All ER (D) 121 (Nov)

It followed from Arts 1(2) and 73 of Council Directive (EC) 2006/112 (the VAT Directive) that the principle of the common system of VAT entailed the application to goods and services of a general tax on consumption exactly proportional to their price and that the taxable amount included everything which constituted consideration obtained or to be obtained by the supplier of goods or services for transactions with the purchaser, customer or a third party. Article 78 of that Directive listed certain items which were to be included in the taxable amount, and Art 78(a) provided that VAT was not to be included in the taxable amount. In accordance with the general rule set out in Art 73, the taxable amount for the supply of goods or services for consideration was the consideration actually received for them by the taxable person. That consideration was thus the subjective value, namely, the value received. That rule should

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MOVERS & SHAKERS

Shakespeare Martineau—David Vaughan

Shakespeare Martineau—David Vaughan

Shakespeare Martineau appoints new London office head as firm continues investment in capital

Browne Jacobson—Kevin Moore

Browne Jacobson—Kevin Moore

Browne Jacobson strengthens All-Island life sciences platform with appointment of leading Galway MedTech lawyer

Clarke Willmott—Latitude Law

Clarke Willmott—Latitude Law

National law firm strengthens commercial offering with acquisition of leading immigration practice

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