turnover tax

(redirected from Turnover Taxes)
Also found in: Financial, Encyclopedia.
Translations

turnover tax

nUmsatzsteuer f
Mentioned in ?
References in periodicals archive ?
Of Creteil, the payment of a monthly fee based on turnover taxes included realized.
The Head of Unit for VAT and other Turnover Taxes at the European Commission has participated in EMEA Chapter meetings, most recently in London this October.
He also hailed the lowering of turnover taxes and levies on importers and exporters and raising the limit on withholding tax exemption to Rs5 million.
The package includes that the most affected and moderately affected areas would be exempted from the turnover taxes.
Called on by the French Conseil d'Etat to look at the interpretation of Directive 77/388/EEC on the harmonisation of the laws of the member states relating to turnover taxes, the European Court of Justice has ruled in favour of the French tax administration.
Unfortunately, the provisions in the laws that cover refunds of certain turnover taxes refer only to FIEs.
Interpretation of Article 4(1), (2) and (5) of Sixth Council Directive of 17 May 1977 on the harmonisation of the laws of the member states relating to turnover taxes - Common system of value added tax: uniform basis of assessment (77/388/EEC) (OJ 1977 L 145, p.
Council Decision 88/498/EEC authorising the Netherlands to apply a measure derogating from Article 21(1)(a) of Directive 77/388/EEC on the harmonisation of the laws of the member states relating to turnover taxes.
There is well-established case-law on the conditions under which a national tax breaches the prohibition on levies other than those not characterised as turnover taxes.
Article 27 of the Sixth Directive on turnover taxes (77/388/EEC) says a member state may be authorised to introduce special measures for derogation in order to simplify the procedure for charging the tax or to prevent certain types of tax evasion or avoidance.
The entire IRAP system is currently being examined by the Court of Justice, which has been asked to give a preliminary ruling on the legality of this tax given the EU's ban on national turnover taxes other than VAT.