The price of cheaper culture
Series: Town and Country Planning ; 73(4) April 2004, 128-130(4)Publication details: 2004Subject(s): Online resources: Summary: Discusses a recent decision "Customs and Excise Commissioner v Zoological Society of London" (C-267/00, [2002] STC 521) in which the European Court of Justice determined that cultural organisations should be exempt from VAT where they are non-profit-making bodies and where they are managed on a voluntary basis. Theatres, museums and galleries are undergoing a transitional period in respect of VAT. Explains the changes which the ruling will have with effect from 1 June 2004. Exempt institutions will not be able to reclaim a proportion of VAT on their building costs, which will increase the cost of any planned building or refurbishment work. Explains special transitional rules which have been put in place for building works being carried out over 1 June 2004. View judgment at www.curia.eu.int| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS67777 (Browse shelf(Opens below)) | 1 | Available | 126136-1001 |
Discusses a recent decision "Customs and Excise Commissioner v Zoological Society of London" (C-267/00, [2002] STC 521) in which the European Court of Justice determined that cultural organisations should be exempt from VAT where they are non-profit-making bodies and where they are managed on a voluntary basis. Theatres, museums and galleries are undergoing a transitional period in respect of VAT. Explains the changes which the ruling will have with effect from 1 June 2004. Exempt institutions will not be able to reclaim a proportion of VAT on their building costs, which will increase the cost of any planned building or refurbishment work. Explains special transitional rules which have been put in place for building works being carried out over 1 June 2004. View judgment at www.curia.eu.int