CELEX: 62019CA0801
Language: en
Date: 2020-12-17 00:00:00
Title: Case C-801/19: Judgment of the Court (Eighth Chamber) of 17 December 2020 (request for a preliminary ruling from the Upravni sud u Zagrebu — Croatia) — FRANCK d.d. Zagreb v Ministarstvo financija Republike Hrvatske Samostalni sektor za drugostupanjski upravni postupak (Reference for a preliminary ruling — Value added tax (VAT) — Directive 2006/112/EC — Exemptions — Article 135(1)(b) and (d) — Definitions of ‘granting of credit’ and ‘other negotiable instruments’ — Complex transactions — Principal supply — Provision of funds in return for payment — Transfer of a bill of exchange to a factoring company and the money obtained to the issuer of the bill of exchange)

22.2.2021   
            
            
               EN
            
            
               Official Journal of the European Union
            
            
               C 62/8
            
         
      Judgment of the Court (Eighth Chamber) of 17 December 2020 (request for a preliminary ruling from the Upravni sud u Zagrebu — Croatia) — FRANCK d.d. Zagreb v Ministarstvo financija Republike Hrvatske Samostalni sektor za drugostupanjski upravni postupak
      (Case C-801/19) (1)
      
      (Reference for a preliminary ruling - Value added tax (VAT) - Directive 2006/112/EC - Exemptions - Article 135(1)(b) and (d) - Definitions of ‘granting of credit’ and ‘other negotiable instruments’ - Complex transactions - Principal supply - Provision of funds in return for payment - Transfer of a bill of exchange to a factoring company and the money obtained to the issuer of the bill of exchange)
      (2021/C 62/08)
      Language of the case: Hungarian
      
         Referring court
      
      Upravni sud u Zagrebu
      
         Parties to the main proceedings
      
      
         Applicant: FRANCK d.d. Zagreb
      
         Defendant: Ministarstvo financija Republike Hrvatske Samostalni sektor za drugostupanjski upravni postupak
      
         Operative part of the judgment
      
      Article 135(1)(b) and (d) of Council Directive 2006/112/EC of 28 November 2006 on the common system of value added tax (VAT Directive) must be interpreted as meaning that the exemption from value added tax on granting credit and transactions concerning other negotiable instruments laid down by those provisions, applies to a transaction which consists in the making available of funds obtained from a factoring company by one taxable person to another taxable person, for remuneration, following the transmission to the latter of a bill of exchange issued by the second taxable person, the first taxable person guaranteeing the repayment to the factoring company of that bill of exchange at its maturity.
      
         (1)  OJ C 27, 27.1.2020.