Marcandi Limited, trading as ‘Madbid’ v Commissioners for Her Majesty’s Revenue and Customs: ECJ 7 Mar 2018

(Taxation – Opinion) – Reference for a preliminary ruling – Value added tax – Directive 2006/112/EC – Issue of credits that can be used to place bids in online penny auctions and whose value may be credited towards the price of goods purchased directly from the company running the auctions – Article 2(1)(a) and (c) – Supply of services or goods for consideration – Preliminary transaction – Article 65 – Payment on account – Article 73 – Taxable amount – Article 79(b) – Discount covering the whole price

Citations:

ECLI:EU:C:2018:164, [2018] EUECJ C-544/16 – O

Links:

Bailii

Jurisdiction:

European

VAT

Updated: 05 April 2022; Ref: scu.606014