- European Commission issues evaluation of VAT rules on vouchers
- 2019 rules aimed to harmonize rules on single vs multiple use vouchers
- No new legislative changes required, member states can rely on VAT Committee guidance
- Issues tackled include definition of vouchers, distribution chain, and VAT treatment
- No major problems detected in implementation by Member States
- CJEU has issued two judgments on new rules introduced by Voucher Directive
- Provisions on general definition of voucher, SPVs, and MPVs seen as clear and easy to apply
- Only minority of Member States highlighted issues with application of VAT rules on vouchers
Source: vatcalc.com
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.
