Keywords
Summary

Keywords

TAX PROVISIONS - HARMONIZATION OF LAWS - TURNOVER TAXES - COMMON SYSTEM OF VALUE-ADDED TAX - PROVISION OF SERVICES - BASIS OF ASSESSMENT - CONSIDERATION FOR THE SERVICE - CONCEPT - INTEREST ON ACCOUNT OF LATE PAYMENT AWARDED BY A JUDICIAL DECISION - EXCLUSION

( COUNCIL DIRECTIVE NO 67/228 , ART . 8 ( 2 ))

Summary

THE CONCEPT OF CONSIDERATION , WHICH CONSTITUTES THE BASIS OF ASSESSMENT FOR THE PROVISION OF SERVICES AS PROVIDED FOR IN ARTICLE 8 ( A ) OF THE SECOND DIRECTIVE ON THE HARMONIZATION OF LEGISLATION OF MEMBER STATES CONCERNING TURNOVER TAXES , DOES NOT COVER INTEREST AWARDED TO AN UNDERTAKING BY A JUDICIAL DECISION WHERE SUCH INTEREST HAS BEEN AWARDED TO IT BY REASON OF THE FACT THAT THE BALANCE OF THE CONSIDERATION FOR THE SERVICES PROVIDED HAS NOT BEEN PAID IN DUE TIME .