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Europe Daily Bulletin No. 9642

15 April 2008
Contents Publication in full By article 27 / 34
GENERAL NEWS / (eu) eu/court of justice
Principle of “unjustified enrichment” can justify refusal to reimburse VAT if there is equality of treatment

Brussels, 14/04/2008 (Agence Europe) - In the Marks & Spencer case, the European Court of Justice has ruled that national tax systems must treat traders who pay VAT to the state and those who recover VAT at the end of the year equally. At the heart of the case are the teacakes sold by the British store since 1973. These chocolate-covered marshmallow teacakes were initially classed as “chocolate biscuits” by the British tax man, and, hence, were subject to VAT. But, as an expert explains,...

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION
WEEKLY SUPPLEMENT