Limitations and justification of the European Court of Justice's doctrine of asset labelling

In this article, the author analyses the most recent developments in the ECJ's doctrine of asset labelling. Under that doctrine, taxable persons are entitled to choose whether they wish to allocate capital goods, which they use for both business and private purposes, in full, in part or not at all to their business assets. More specifically, the author discusses the ECJ's decisions in VNLTO and Sandra Puffer.