CROSS BORDER TAX
April 1st, 2003
Keith Nuthall
A MODEL tax system for construction projects that cross national borders within Europe has been devised by the European Commission for work on a new bridge spanning the Rhine between Germany and Switzerland. The Commission has proposed that standard EU VAT laws are suspended, suggesting that all relevant good and services should attract German VAT and no Swiss VAT. The Commission has also proposed that goods imported from either Switzerland or Germany exclusively for building the bridge be exempt from import taxes.
A MODEL tax system for construction projects that cross national borders within Europe has been devised by the European Commission for work on a new bridge spanning the Rhine between Germany and Switzerland. The Commission has proposed that standard EU VAT laws are suspended, suggesting that all relevant good and services should attract German VAT and no Swiss VAT. The Commission has also proposed that goods imported from either Switzerland or Germany exclusively for building the bridge be exempt from import taxes.
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.