Germany: No VAT on prize money; other VAT developments | KPMG | GLOBAL
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Germany: No VAT on prize money; other VAT developments

Germany: No VAT on prize money; other VAT developments

The KPMG member firm in Germany has prepared a report that discusses recent value added tax (VAT) and indirect developments, including the following:


Related content

  • No VAT on prize money, concludes the Court of Justice of the European Union (CJEU)
  • Reverse-charge mechanism, reasonable penalties allowed, an opinion of the CJEU Advocate General
  • Rate of VAT on a lifestyle magazine is 19%, a decision of the Lower Tax Court of Munich
  • Determination of customs valuation for transfer pricing, on referral to the CJEU from the Lower Tax Court of Munich


Read a December 2016 report [PDF 198 KB] prepared by the KPMG member firm in Germany

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