This book deals with the exemption for intermediation of insurance and financial services within European VAT. This implies analysing the methods of interpretation applied by the Court of Justice of the European Union when interpreting the provisions regarding insurance and financial services. Furthermore, the current definitions for intermediation of insurance and financial services as provided for in the VAT Directive are analysed and conclusions are made in order to define a single concept of intermediation. These analyses are followed by various practical scenarios from case law of the Member States concerning intermediation of insurance and financial services. Finally, comments based on the analyses carried out are given on the European Commissionas proposal for amending the VAT Directive and the accompanying Regulation regarding intermediation of insurance and financial services.With respect to intermediation of insurance and financial services, the ECJ has addressed this issue in two of the cases examined, ... zur Trinkwasserversorgung und Abwasserbeseitigung Torgau-Westelbien, ECR (2008) I-01817; ECJ case C- 111/05, Aktiebolaget NN v Skatteverket, ECR (2007) I- 02697; ECJ case C-251/ 05, Talacre Beach Caravan Sales Ltd v Commissioners of Customs aamp; Excise, ECRanbsp;...
|Title||:||Intermediation of Insurance and Financial Services in European VAT|
|Author||:||Claus Bohn Jespersen|
|Publisher||:||Kluwer Law International - 2011|