Newsletters

Change in the VAT tax treatment of additional payments paid by car manufacturers/merchants to financial or leasing institutions within the financing process of, e.g. cars

New BMF Circular dated September 24, 2013 on the VAT tax treatment of additional payments paid by car manufacturers/merchants to financial or leasing institutions within the financing process of, e.g. cars, is published.

This is the first time that a differentiation is made in the tax treatment of payments due to sales promotion and due to self-interest of the financial institution.

Note: This newsletter is only available in German language.