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Tax loophole

Language: English Series: Financial Times ; 21 January 1997, 16(2)Publication details: 1997Subject(s): Summary: Discusses the impact on the commercial property market of closing the `option to tax` loophole. The scheme is used by businesses which do not charge VAT on their goods or services, to avoid paying VAT on their business premises.

Discusses the impact on the commercial property market of closing the `option to tax` loophole. The scheme is used by businesses which do not charge VAT on their goods or services, to avoid paying VAT on their business premises.