Court of Justice: Distribution of meals to employees below cost price.
On 20 January 2005 the European Court of Justice has ruled the so called Scandic Case. In this case the issue is whether a distribution of meals to employees for a price below the cost price can be taxed on the cost price. The court decided that the tax base for VAT purposes is the value of the received return even if the price paid for the meals is less. Read full text.
