Conceição Gamito co-wrote the article ‘VAT, Industry Levies and Rebate Schemes’ with Sérgio Vasques.

This article, published on the Kluwer International Blog, aims to analyse the recent ruling by the Court of Justice of the European Union (C-248/23) on the VAT regime for payments made by companies in the pharmaceutical sector that lead to part of the price of the medicines sold being waived.

The case in question involves a pharmaceutical company and its activity on the Hungarian market, where compulsory payments made by pharmaceutical companies in respect of sales of reimbursed medicines raised doubts as to whether they qualified as a price reduction for VAT purposes. The ruling addresses the distinction between direct and indirect taxes and their relationship to the taxable value of transactions.

  • This article is available here.