The CJEU’s judgment makes clear that if factoring involves acquiring the management and collection of debts, there will very likely be a VAT-taxed service.
The A-G has concluded, on various grounds, that the rate for interest on tax due of 8% cannot be maintained and should be reduced. It is now up to the Supreme Court to decide on this matter.
The discount rate is one of the most important variables to consider when preparing a transfer pricing valuation. The OECD Transfer Pricing Guidelines define the discount rate as follows:
Valuations prepared for transfer pricing purposes serve different objectives from valuations for accounting purposes (e.g., IFRS, US GAAP or other accounting standards). While in theory transfer prici ...
The AG reaches different conclusions on the VAT treatment than the treatment currently set out in Dutch policy. This case may therefore be of considerable importance for businesses operating loyalty p ...
