An EU ruling but one HMRC is likely to want to follow. A business operated a horse stables and training business. The contracts set out that the horse owners were liable to meet the costs of the services provided (stabling, feed, vet fees etc.) and that owners would do so by paying 50% of each horse’s winnings to the stables. The Court has ruled that although the levels of payment are uncertain, they are consideration for a taxable supply and as such taxable themselves.
Source Richard Luckin
- Join the Linkedin Group on ECJ VAT Cases, click HERE
- For an overview of ECJ cases per article of the EU VAT Directive, click HERE
Latest Posts in "European Union"
- Roadtrip through ECJ Cases – Focus on ”Free Products” (Art. 16)
- Briefing document & Podcast: C-438/13 (BCR Leasing Case) – Relief for Leasing Firms Facing Asset Non-Recovery
- VAT Neutrality and Tax Fraud: Implications of Recent Jurisprudence
- Blog Luc Dhont: How Can Multinationals Comply with VAT on Transfer Pricing Adjustments Post-ECJ Arcomet?
- ECJ Opinion Sheds Light on VAT for Ancillary Services in German Accommodation Sector