Brussells threaten tradition
Elliott, Graham
Brussells threaten tradition - 2006 - Estates Gazette (0613) 1 April 2006, 138(1) .
Considers the implications for supply deals for land and construction of a recent European Court of Justice decision concerning VAT avoidance schemes, "Levob" (ECJ C-41/04, L133150). The European Court of Justice has closed loopholes involving uncommercial deal structures designed to avoid VAT. HM Revenue and Customs has not yet however convinced UK courts that supplies from more than one supplier can be taxed as though they were one supply.
DIRECTIVE 77/388/EEC
LEVOB VERZEKERINGEN BV V STAATSSECRETARIS VAN FINANCIEN
Brussells threaten tradition - 2006 - Estates Gazette (0613) 1 April 2006, 138(1) .
Considers the implications for supply deals for land and construction of a recent European Court of Justice decision concerning VAT avoidance schemes, "Levob" (ECJ C-41/04, L133150). The European Court of Justice has closed loopholes involving uncommercial deal structures designed to avoid VAT. HM Revenue and Customs has not yet however convinced UK courts that supplies from more than one supplier can be taxed as though they were one supply.
DIRECTIVE 77/388/EEC
LEVOB VERZEKERINGEN BV V STAATSSECRETARIS VAN FINANCIEN