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VAT Implications of the Case

 
Cathy Hargreaves Head of the PwC Indirect Taxes Financial Services Practice in the UK and Ruwan de Silva Consultant PwC Indirect Taxes Financial Services consider the VAT implications of Levob
 
On 12 May 2005 Advocate- General Kokott delivered her Opinion in a case referred to the European Court of Justice (ECJ) from The Netherlands regarding the VAT treatment of software imports.1 In particular this case raises the muchdebated topics of single v multiple supplies goods v services and the place of supply rules.
Background
 
Levob a Dutch life insurance company contracted with the US company Financial Data Planning Corporation (FDP) for the purchase of software for the administration of...

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