Situations which do not involve the supply of goods from the VAT perspective in the case of leaseback

The Coordination Committee of the Czech Chamber of Tax Advisors and the General Financial Directorate described situations which do not involve the supply of goods from the VAT perspective in the case of leaseback. The discussants took into account the CJEU’s case law and drew a conclusion which will likely result in a change in the practice of leasing companies on a massive scale. Tax advisors will undoubtedly proceed in line with the Coordination Committee starting from 1 April 2022, while they should also use other approaches in leaseback contracts concluded before that date.

Source Deloitte

---

---