GERMANY PETROL
November 1st, 2002
BY ALAN OSBORNTHE EUROPEAN Court of Justice has come down on the side of the European Commission in a dispute with Germany, (which has been supported by Britain in this case), over the payment of VAT when petrol suppliers redeem money-off vouchers they had distributed to retailers through a middle-man.In effect, the ECJ says petrol suppliers are entitled to claim VAT rebates taking into account the amount of money they have spent honouring the coupons, tax refunds that the German government has blocked because the money-off vouchers were handled by an ...
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