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Image header Agence Europe
Europe Daily Bulletin No. 11998
Contents Publication in full By article 15 / 28
COURT OF JUSTICE OF THE EU / Taxation

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

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).

The Latvian company E LATS issues loans to individuals in exchange for a guarantee...

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