European Union Gazettes ECJ Preliminary Ruling on Lithuanian VAT Liability for In-Game Currency

The European Union Official Gazette May 11 published the European Court of Justice (ECJ) preliminary ruling for Case No. C-472/24, on Lithuanian VAT liability rules for in-game currency. The taxpayer, a Lithuanian small partnership, earned a profit by purchasing and reselling in-game currency for an online game. The Lithuanian tax authorities found the activity gold trading, with the profit subject to VAT. The Advocate General previously opined in part that the in-game gold wasn’t a voucher under EU Directive 2006/112/EC on the common system of VAT. Upon request for a preliminary ruling, the ECJ held that the directive, as amended ...