TITLE IVTAXABLE TRANSACTIONS

CHAPTER 3Supply of services

Article 26

1

Each of the following transactions shall be treated as a supply of services for consideration:

a

the use of goods forming part of the assets of a business for the private use of a taxable person or of his staff or, more generally, for purposes other than those of his business, where the VAT on such goods was wholly or partly deductible;

b

the supply of services carried out free of charge by a taxable person for his private use or for that of his staff or, more generally, for purposes other than those of his business.

2

Member States may derogate from paragraph 1, provided that such derogation does not lead to distortion of competition.