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Europe Daily Bulletin No. 9455

27 June 2007
Contents Publication in full By article 35 / 37
GENERAL NEWS / (eu) eu/court of justice
Sale of telecommunications licences by the State is not an economic activity, and so is not subject to VAT

Luxemburg, 26/06/2007 (Agence Europe) - On Tuesday 26 June, the Court of Justice ruled (in cases C-284-04 and C-369/04) that the State's sale by auction of 3G mobile telecommunications licences does not constitute an economic activity, since it does not supply goods or services for profit. The holders of licences sold by the British and Austrian states now find themselves in the position of not being able to seek substantial tax reimbursements (VAT which they paid on purchase of the...

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THE DAY IN POLITICS
GENERAL NEWS