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The VAT of the land

By: Contributor(s): Series: Estates Gazette ; (0037) 16 September 2000, 154(1)Publication details: 2000Subject(s): Summary: 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.
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Item type Current library Call number Copy number Status Barcode
Journal article London Journal article ABS62930 (Browse shelf(Opens below)) 1 Available 108666-1001

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.