Rounding of amounts of VAT

Journal
Swinkels, J.J.P.
Netherlands
International VAT Monitor 2007 (Volume 18), No. 2
FormatPDF
EUR
40
| USD
45 (VAT excl.)

On 27 November 2006, the Dutch Supreme Court referred preliminary questions to the European Court of Justice on the rounding of amounts of VAT due. Although the issue may seem to be, and probably is, trivial to most businesses, it is of interest to some categories of businesses. In this article, the author briefly describes the background, issues and relevance of the case.