Back for another round of in-depth analysis of VAT case law, ‘I Rest My Case Part IV’ builds on the previous three webinars in presenting and critically analysing judgments of the Cyprus Tax Tribunal, Cyprus Courts or the European Court of Justice (ECJ) that are of interest in the world of VAT.

During this 2-hour session, we will present:

Antonis Askanis vs Tax Commissioner (Cyprus Tax Tribunal Case 11/2022E)

• Definition of ‘first use’ for imposition of VAT on new property

TP (ECJ Case C-288/22)

• Imposition or not of VAT on director’s fees

B sp.zoo (ECJ Case C-606/22)

• Correction of errors on invoices and the case of unjust enrichment

The Chelco VAT International Academy fall academic calendar for 2024 commences with a 2-hour webinar analysing in depth 2 VAT cases from the ECJ and one form the Cyprus Tax Tribunal. VAT Court Decisions IV is part of the ‘I Rest My Case’ series of online events, which was launched in 2022 with renowned success.

Although we may not agree with all decisions from the Courts, analysing them helps to understand the VAT treatment of transactions covered by the judgments. Given that such decisions are binding for the Cyprus Tax Department, it is important to be aware of the facts, the court’s philosophy and the final conclusion. 

The 3 cases covered in VAT Court Decisions IV cover a variety of VAT topics, as follows: 

• When is a property considered as having had its ‘first use’ in order for it to be assessable to VAT? This impacts the previous wording of the law (prior to 11.11.22) and possible future wording
• When are director fees subject to VAT?
• When a company charges incorrect VAT to final consumers, what are its rights in requesting a refund form the Tax Department? 

The webinar is targeted towards VAT professionals, VAT advisors, tax lawyers, accountants of all levels, CFOs, Chief Accountants, auditors, VAT Department officers, et al.

The webinar carries 2 CPDs and will be conducted in English.