- Case involves JPMorgan Chase Bank NA and Revenue and Customs regarding VAT on intra-group services.
- Issue centers on whether services are a single taxable supply or multiple supplies.
- Consideration of whether any supplies are exempt under specific VAT exemptions.
- Appeal dismissed by the Upper Tribunal Tax and Chancery Chamber.
- Judges involved: Swami Raghavan and Phyllis Ramshaw.
- JPMorgan argued for multiple supplies; HMRC argued for a single supply.
- Decision impacts VAT treatment for services provided within the JPMorgan group.
Source: bailii.org
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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