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International VAT Monitor
 
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Issue No. 3 - 2015 of the International VAT Monitor is now available online.

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Number 3 - 2015 contains the following:
COLUMN
Supplies for EU VAT Purposes: Reflections on Air France – KLM and Vouchers
Jeroen Bijl
ARTICLES
The VAT Treatment of Holding Companies – German and EU VAT Practice Perspective
Joachim Eggers and Björn Ahrens
Although the VAT treatment of holding companies has been the subject of several ECJ decisions over the past 25 years, it is still a controversial issue and thus turns out to be a never-ending story. Two new cases recently referred by the Federal German Tax Court to the ECJ might provide further clarification regarding the entitlement to input VAT deduction for holding companies. Both cases concerned holding companies that had incurred input VAT in relation to limited partnerships to which they rendered management services for consideration. On 26 March 2015, the opinion of Advocate General Mengozzi in the joined cases of Beteiligungsgesellschaft Larentia + Minerva mbH & Co. KG and Marenave Schiffahrts AG was published. In this article, the authors analyse the ongoing discussions with respect to the input VAT deduction of holding companies in Germany and comment in particular on the opinion of the Advocate General from the perspective of German and EU VAT practice.
Combating Carousel Fraud: The General Reverse Charge VAT

Robert F. van Brederode and

Sebastian Pfeiffer

Fraud schemes, generally, exploit the application of the zero rate to cross-border trade. Most proposals try to tackle fraud by either taxing the transactions or securing payment. In this article, the authors take an opposite approach and describe a general reverse charge as a means to remove the incentive for VAT fraud.
Asymmetrically Relying on the EU VAT Directive – Is VAT a Picnic?
Sebastian Pfeiffer
In the ECJ decisions in MDDP and GMAC, the Court has dealt with the question of windfall gains due to the asymmetrical direct application of the EU VAT Directive and domestic law. In this article, the author looks further at the interaction of the direct applicability of the EU VAT Directive’s provisions and the selective application of domestic rules.
VAT NEWS
Reports from: Armenia, Australia, Austria, Barbados, Belarus, Belgium, Benin, Bosnia and Herzegovina, Brazil, Burkina Faso, Canada, Colombia, Congo (Rep.), Costa Rica, Czech Republic, Denmark, European Union, Finland, France, Greece, India, Israel, Italy, Kyrgyzstan, Macedonia (FYR), Mauritius, Mexico, Moldova, Montenegro, Morocco, Netherlands, New Zealand, Norway, Pakistan, Panama, Peru, Russia, Slovenia, South Africa, St. Kitts and Nevis, Swaziland, United Kingdom, United States, Vanuatu and Vietnam.
VAT CASE NOTES
Case notes from: Austria, Canada, Denmark, Finland, Norway, United Kingdom and United States.
ECJ VAT CASES
Judgments in Cases: C-499/13, C-594/13, C-16/14, C-42/14, C-111/14 and C-114/14; Opinions in Joined Cases C-108/14 and C-109/14 and in Case C-126/14; Preliminary ruling requests in Cases: C-11/15,C-24/15 and C-40/15.
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