EC clarifies VAT on lease surrenders

Cullen, S.

EC clarifies VAT on lease surrenders - 1994 - CSW - The Property Week 46(6) 10 February 1994, 58(1) .

Summarises the European Court ruling on "Lubbock Fine & Co v Customs and Excise Commissioners" on VAT on lease surrenders where the landlord pays the tenant. (See WB3001-52 and Abs50055).


EC DIRECTIVE 77/388
FINANCE ACT 1989
IMMOVABLE PROPERTY
LEASES
PREMIUMS
SURRENDER OF LEASES
VALUE ADDED TAX ACT 1983
VALUE ADDED TAX
VALUED ADDED TAX (BUILDING AND LAND) ORDER 1991