The VAT of the land
Meredith, S.
The VAT of the land - 2000 - Estates Gazette (0037) 16 September 2000, 154(1) .
Warns that VAT can cause difficulties in PFI transactions and it is necessary to ensure that the costs are appropriately allocated. Discusses the three major VAT issues that can arise: the status of the supplies made by the special project vehicle (SPV); the SPV's ability to recover VAT paid by it; and the public sector's ability to recover VAT paid to the SPV.
VALUE ADDED TAX
PFI
PRIVATE FINANCE INITIATIVE
SPECIAL PROJECT VEHICLES
COSTS
The VAT of the land - 2000 - Estates Gazette (0037) 16 September 2000, 154(1) .
Warns that VAT can cause difficulties in PFI transactions and it is necessary to ensure that the costs are appropriately allocated. Discusses the three major VAT issues that can arise: the status of the supplies made by the special project vehicle (SPV); the SPV's ability to recover VAT paid by it; and the public sector's ability to recover VAT paid to the SPV.
VALUE ADDED TAX
PFI
PRIVATE FINANCE INITIATIVE
SPECIAL PROJECT VEHICLES
COSTS