01
Document overview
Defines the cost-based value of a deemed supply of services and the use of an open-market estimate without profit.
- Basis: costs carrying input tax.
- Profit is excluded.
- Applies to deemed services.
02
Scope and exclusions
Applies to
Value is built from direct and indirect costs on which input tax was incurred; an open-market estimate uses the relevant proportion of those costs.
Limitations and exclusions
Profit is excluded from an open-market estimate; the directive concerns deemed supplies of services, not every goods-and-services valuation rule.
05
Official primary source
Directive on Tax Transactions No. 5 of 2026
Verify official text ↗