CJEU Issues Decision on Permanent Establishment and VAT Liability of Jersey Company Letting Out Property in Austria

The Court of Justice of the European Union (CJEU) issued a judgment on 3 June 2021 regarding permanent establishment and VAT liability of a company in Jersey in relation to a property let out by the Jersey company in Austria.

The case involved Titanium Ltd., a company whose registered office and management are located in Jersey and whose corporate purpose is property management, asset management, and the management of housing and accommodation. In 2009 and 2010, Titanium let out a property …