Moreover, the excise duty element in final price is itself subject to VAT.

Most restrictions on movements of VAT paid and excise duty paid goods removed.

2.4 To address this issue of VAT neutrality, the proposal (VAT Directive) invites financial and insurance institutions to manage the costs of non deductible VAT by allowing them to opt to provide services under VAT.

An action plan for a more efficient VAT regime will also be presented.

We have, in fact, left the Mem ber States the maximum degree of flexibility so that they can move towards the ultimate position in a way which suits them best.

It does not affect the VAT territory of Italy or France for the purposes of any other supplies.

And finally, ways to avoid that VAT would come on top of other similar taxes must be explored for those services that are subject to specific domestic taxes such as notably insurance premium taxes, and that would become subject to VAT when the option to tax is used by the supplier of these services.

Extension of application to Switzerland

Wherever the Protocol on the privileges and immunities of the European Union (hereinafter called the Protocol ) contains references to Member States, the references are to be understood to apply equally to Switzerland, unless the following provisions determine otherwise.

Exemption of the Agency from indirect taxation (including VAT)

Procedures for the application in Switzerland of the Protocol on privileges and immunities of the European Union

The activities of the Bank and of its organs carried on in accordance with the Statute of the European System of Central Banks and of the European Central Bank shall not be subject to any turnover tax.

4.7.1 Budgetary impact for private consumers at present insurance and financial services are generally VAT exempt.

'Legitimate' domestic help is often too expensive nowadays when VAT and employers' charges have to be paid.

Mr President, on VAT there are two issues. The first is the system.

3.7.1 Budgetary impact for private and business consumers at present insurance and financial services are generally VAT exempt.

Aviation fuel is not taxed, it is not subject to VAT and it is not covered by the Kyoto Protocol.

Draft budget 1988 (continuation) Mr Tomlinson Mr Perez Royo Mr Ulburghs Mrs Boserup Mr Amaral Mrs Fuillet Mr Bonaccini Mr Devèze Mr Ala vanos Mr Hackel Mr Woltjer Mr Devèze Mrs Giannakou Koutsikou Mr O'Donnell Mr Lucas Pires Mr Visser Mr Anastasso poulos Mrs De Backer Van Ocken Mrs

To make basic commodities subject to VAT is to make a contribution to this wretched common market.

The first relates to a large suspension bridge and whether or not tolls on it should be subject to VAT.

According to Article 26 of the 6th VAT Directive 33 travel agents and tour operators are subject to a special taxation scheme.

Existing research also indicates that the impact of duty free abolition will be significantly higher in the case of excisable products alcohol, tobacco and perfumes than in the case of those subject to VAT alone.

However, Switzerland does not apply VAT or any similar tax on the toll under the 1958 Convention concluded between Italy and Switzerland before the introduction of a common VAT system, Switzerland cannot be obliged to apply and collect Italian VAT on tolls for the Gran San Bernardo tunnel.

And finally, ways to avoid double taxation must be explored for those services that are subject to specific domestic taxes such as notably insurance premium taxes, and that would become subject to VAT when the option to tax is used by the supplier of these services.

Lithuania intends to apply a reduced rate (5 ) to the supply of district heating, whereas natural gas and electricity will continue to be subject to the standard rate (18 ).

A high rate of VAT encourages consumers to request that VAT is not invoiced.

claims relating to VAT

Add VAT at 20

Add VAT at 6

to hijack a VAT registration shall mean to use another trader s VAT registration number illicitly.

a) Exemption from VAT upon importation

5.1.1 VAT carousel fraud

Subject Future proposals on VAT

Without any declaration at all being made ?

Firstly, the goal of tax harmonisation it proposes a rate of 71 in that VAT rates are made subject to a common rule for we are imposing a total tax for the first time excise duties plus VAT by taking this line, we will achieve greater convergence and avoid indiscriminate price increases and penalising the manufacturing industries of the Member States of southern Europe.

to exchange any information that may help to effect a correct assessment of VAT, monitor the correct application of VAT, and combat VAT fraud

(r) VAT

Theatre owner's sign claiming The poor are not going to pay for IVA

An example of an external case VAT fraud

I have heard people mention whisky, I have heard people mention beer, a moment ago someone men tioned beaujolais. I speak not as a consumer, but as a producer.

VAT details

VAT category

(g) reimbursable VAT

T1471 D0936 D1087 T1790 T0286 T1890 D1H9 T2462 D1425 T2533 pharmaceutical product, public health horticulture floriculture

Second, it seeks to follow through the consequences of the ruling of the Court of Justice in case No 170 78 on the ratio between the excise duty on wine and that on beer.