COURT OF JUSTICE OF THE EU / Taxation

Profit margin regime cannot be applied to resale of goods containing precious stones or metals for extraction

Brussels, 10/04/2018 (Agence Europe)

Goods containing precious stones or metals, which are resold principally in order to extract these substances, cannot be considered second-hand goods within the meaning of the 'VAT' directive (2006/112/EC) and therefore benefit from a particular tax regime, said Advocate General to the Court of Justice of the European Union (CJEU), Michal Bobek, in conclusions returned on Tuesday 10 April (case C-154/17).

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