- A UK court denied a casino’s request to change the tax formula for certain services.
- The decision prevents the casino from obtaining a significant tax reduction.
- The Court of Appeal upheld a previous ruling against Hippodrome Casino Ltd.
- The casino could not propose an alternative method for calculating input VAT.
- The dispute was with His Majesty’s Revenue & Customs.
Source: news.bloombergtax.com
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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