VATupdate

Share this post on

VAT treatment of the publisher’s share – Federal Ministry of Finance’s letter of 14 October 2021

For a long time, it has remained unclear, from a VAT perspective, as to how the funds collected by the collecting societies and then distributed to the publishers (so-called publisher’s share) is to be treated. The Federal Ministry of Finance’s letter of 14 October 2021 now provides clarity. Under certain circumstances, there may exist supplies of services, subject to VAT, between collecting societies and publishers.

Source: KMLZ

Sponsors:

VAT news

Advertisements: