VATupdate
VAT

Share this post on

Sale and leaseback: time at which VAT is incurred  

The ruling relates to a sale and leaseback transaction in which, for VAT purposes, the performance consists of participating in structuring the balance sheet. According to the BFH, this time-limited ongoing service will only be rendered when the legal relationships underlying this service have ended.

Source: KPMG DE

Sponsors:

VAT news
VAT news

Advertisements:

  • VATupdate.com