Additional Guidance From The Luxembourg VAT Authorities On The Provision Of Company Cars

In its QM v. Finanzamt Saarbrücken case (C-288/19), the Court of Justice of the European Union (“CJEU“) ruled that the provision of a company car by an employer to an employee against a remuneration should (i) be considered as the hiring of a means of transport and (ii) be subject to VAT in the country where the employee resides.

Source: Mondaq

See also C-288/19 (QM) – Judgment – Definition of short term hiring of vehicles, company car provided to an employee is not a service provided for consideration