Virtual sales, leasebacks and VAT treatment (Record no. 75494)

MARC details
000 -LEADER
fixed length control field 01116cab a2200193 4500
001 - CONTROL NUMBER
control field L130211
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 050701n2005 000 0 eng u
035 ## - SYSTEM CONTROL NUMBER
System control number (Sirsi) u130211
041 ## - LANGUAGE CODE
Language code of text/sound track or separate title eng
245 ## - TITLE STATEMENT
Title Virtual sales, leasebacks and VAT treatment
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2005
490 ## - SERIES STATEMENT
Series statement Commercial Leases
Volume/sequential designation 19(6) June 2005, 998-999(2)
520 ## - SUMMARY, ETC.
Summary, etc. Discusses the case "Abbey National plc v Customs and Excise Commissioners" ([2005] EWHC 831 (Ch), L129866) which considered whether a virtual transaction was exempt from VAT as leasing or letting of immovable property as used in Directive 77/388/EEC, Article 13B and implemented by the Value Added Tax Act 1994. The VAT and Duties Tribunal upheld C's decision that the rents under the subleases accrued to M Ltd were exempt as per the 1994 Act Sched 10 para 8(1) but dismissed the second argument. Abbey's appeal was allowed and Customs and Excise's cross-appeal was dismissed.
590 ## - LOCAL NOTE (RLIN)
Local note IKA190705
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element ABBEY NATIONAL PLC V CUSTOMS AND EXCISE COMMISSIONERS
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element VALUE ADDED TAX ACT 1994
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN)
Topical term or geographic name as entry element PROPERTY-PROPERTY TAXATION
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Suppress in OPAC 0
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Shelving location Date acquired Total Checkouts Full call number Barcode Date last seen Copy number Price effective from Koha item type
    Dewey Decimal Classification     London London Journal article 01/07/2005   L130211 130211-1001 06/08/2019 1 06/08/2019 Journal article