The EU VAT Treatment of Vouchers (FM nr. 157) 2019/7.4.0:7.4.0 Inleiding

The EU VAT Treatment of Vouchers (FM nr. 157) 2019/7.4.0

7.4.0 Inleiding

Deze functie is alleen te gebruiken als je bent ingelogd.Deze functie is alleen te gebruiken als je bent ingelogd.Deze functie is alleen te gebruiken als je bent ingelogd.

From a VAT perspective, bartering is in my view not as straightforward as it may seem. At first sight, it appears that where the two parties involved in a barter transaction both qualify as VAT taxable persons, in most cases both parties, from a VAT perspective, will make a taxable supply which, at the same time, is considered a payment in kind paid in return for the supply made by the other party. However, within the EU VAT system it seems doubtful that the transfer of ownership of – for example – a good should be qualified as being two things at the same time (i.e. within a single transaction): a taxable supply for consideration as well as consideration for a taxable supply.

I will illustrate this using an example, where two fully taxable businesses agree a barter transaction where they exchange goods without any additional cash payments. The transaction is concluded between taxable business B and taxable business C.

In the example, taxable business B has purchased a good, item (▲), from A for an amount of Euro 80 (including 20% VAT):

Afbeelding 2

Deze functie is alleen te gebruiken als je bent ingelogd.