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Introduction - EU VAT: A Consumption Tax, a Tax on Expenditure or a Transaction Tax?

Q: According to Article 1(2) of the VAT Directive, how can EU VAT be characterized?

Considered a 'general tax on consumption ' Also viewed as a consumption tax Could be seen as a transaction tax Categorized as an 'expenditure tax' as it indirectly taxes consumer expenditure

5 important questions on Introduction - EU VAT: A Consumption Tax, a Tax on Expenditure or a Transaction Tax?

According to Article 1(2) of the VAT Directive, how can EU VAT be characterized?

Considered a 'general tax on consumption'
Also viewed as a consumption tax
Could be seen as a transaction tax
Categorized as an 'expenditure tax' as it indirectly taxes consumer expenditure

Under EU VAT guidelines, who must ultimately bear the burden of VAT according to the Court of Justice of the European Union (CJEU) in the Hong Kong Trade Development Council case?

The final consumer
Businesses involved in the supply chain cannot be taxed
VAT must be specifically borne by the final purchaser

How are public bodies that operate within a specific legal regime treated under EU VAT law, as per the text?

Public bodies are considered final consumers if they have a specialized legal setup
They are exempt if they do not compete with private entrepreneurs
This special treatment is in line with the VAT Directive

What is the key objective of the VAT Directive regarding the taxation of goods and services, according to the information provided?

To tax private consumption of goods and services
Transactions by taxable persons act as a representation of the expenditures needed for purchasing goods and services
Expenditures ultimately act as a representation of the consumption itself

How does the EU VAT law define the final consumer, based on the content provided?

The final consumer is the last entity in the transaction chain
This individual cannot shift the tax burden to others
Most final consumers are natural persons, but legal entities can also be defined as final consumers in certain contexts

The question on the page originate from the summary of the following study material:

Fundamentals of EU VAT Law | 9789041170170 | Ad van Doesum, et al

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Introduction - EU VAT: A Consumption Tax, a Tax on Expenditure or a Transaction Tax?

5 important questions on Introduction - EU VAT: A Consumption Tax, a Tax on Expenditure or a Transaction Tax?

According to Article 1(2) of the VAT Directive, how can EU VAT be characterized?

Under EU VAT guidelines, who must ultimately bear the burden of VAT according to the Court of Justice of the European Union (CJEU) in the Hong Kong Trade Development Council case?

How are public bodies that operate within a specific legal regime treated under EU VAT law, as per the text?

What is the key objective of the VAT Directive regarding the taxation of goods and services, according to the information provided?

How does the EU VAT law define the final consumer, based on the content provided?

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