Translation of "Exempt supplies" in German

Prepaid tax that can be allocated to exempt supplies is not deductible.

Examples of tax exempt and non-tax exempt supplies have been provided by the GFD.

For which, if any, exempt supplies is an invoice not required?

But, under current rules, a company which supplies exempt postal services in Member State A is obliged to charge VAT in Member State B, because that country does not recognise it as a public postal service.

There are exceptions to this rule for certain exempt supplies where the customer is in the same Member State, for credit notes and for small value invoices below EUR 200.

This should be the case with regard to exempt supplies, the time limit for issuing an invoice, summary invoices, self-billing and outsourcing to third parties outside the Community.

For supplies to non-EU customers however, the proposal contains a clear legal base for making such electronic supplies exempt from VAT.

In addition, it is intended to exempt the supplies and intra-Community acquisitions of non-ferrous metal waste, regardless of the trader's gross turnover.

The information exchange systems now administered under the Fiscalis programme are a key factor in the smooth functioning of the internal market, and without such effective and efficient systems as the VAT Information Exchange System (VIES) Member States would not be able to assure the control of exempt intra-Community supplies of goods.

Meanwhile, Member States may exempt or continue to exempt such supplies, but only until a certain date.

Italy is authorised, for the same period, to exempt supplies of used and waste materials consisting inter alia of paper, board, rags or glass where they are made by firms which either have a fixed establishment and generated a turnover excluding tax of less than ITL 2 billion during the previous year or do not have a fixed establishment.

Member States may exempt supplies by tax–free shops of goods to be carried away in the personal luggage of travellers taking intra–Community flights or sea crossings to other Member States.

In such cases, the supplier should be allowed to choose to issue a simplified invoice, for instance for certain exempt supplies, since there is no corresponding right of deduction, although where the customer is in another Member State, a full invoice is still required.

The Invoicing Directive has already achieved harmonisation in many areas, but there remain, within the requirement to issue an invoice, cases where the invoicing rules are not harmonised: exempt supplies, the time limit for issuing an invoice, summary invoices, self-billing and outsourcing to third parties outside the EU.

The VIES electronic system which was created in 1992 to prevent VAT fraud following the abolition of border controls allows the Member States' tax administrations to exchange information about tax-exempt intra-EU supplies of goods.

Germany, Belgium, Luxembourg and the Netherlands, however, exempt from VAT supplies (such as fuel) to barges engaged in international transport.

Moreover, there is a lack of a clear delineation between exempt and taxable supplies and no Community-wide accepted method to determine recoverable input VAT.

Its primary purpose is to allow the exchange of information between Member States regarding exempt intra-Community supplies of goods, thereby allowing the tax administrations to correctly control the taxation of supplies of goods in the single market.

To further help reduce burdens on business the use of simplified invoices should be extended to areas in which the tax risk is minimal, such as credit notes, low value supplies and certain exempt supplies.

As a way of reducing burdens on business, the VAT Directive allows Member States to release taxable persons from the requirement to issue invoices for certain exempt supplies.

While transactions in securities are exempt from VAT, supplies of immovable goods may, where appropriate, be taxed.