- FG Rheinland-Pfalz issued a judgment on 18.4.2024 regarding the waiver of late payment interest for reasons of equity
- The case involved whether late payment interest on VAT should be waived if a taxpayer only benefited from interest advantages during the year
- The judgment is related to another case on the same day regarding whether imposing late payment interest on VAT violates higher-ranking EU law
- The key takeaway is that late payment interest on VAT should be waived for reasons of equity if the taxpayer only benefited from interest advantages during the year
Source: datenbank.nwb.de
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
