Tag: Bundesfinanzhof

Germany – decision by the German Supreme Tax Court according to which supplies carried out via call-off stocks may under certain conditions be considered as direct supplies

Michaela MerzLeave a comment

47331_web_r_by_marco_pixelio-deFederal Fiscal Court rejects tax authority opinion about VAT treatment of call-off stocks

In Brief
Many subcontractors – particularly those in the automotive industry – supply their goods and materials by means of so-called call-off stock. If the stock is supplied from another EU member state, the German tax authorities generally treat the corresponding movement of the goods as intra-Community transfer followed by a domestic supply of goods. Read More »

Invoice correction may have a retroactive effect, German Supreme Tax Court says

Michaela MerzLeave a comment

319466_web_r_k_b_by_stephan-bratek_pixelio-deIn Brief

The German Supreme Tax Court (Bundesfinanzhof, BFH) has joined the European Court of Justice’s (ECJ) position in terms of the retroactive correction of invoices and has accordingly changed its jurisdiction. At least an invoice correction with a correction document has retroactive effect to the date of initial issuing of the invoice. Read More »