Post by account_disabled on Dec 24, 2023 6:36:52 GMT
Athis Opinion would therefore be at variance not only with the wording and purpose of that provision but also more generally with the hierarchical structure and logic of the classification of the types of taxable transactions adopted in Directive . It would mean treating as a supply of goods a transaction the main purpose of which was to hand over a specific asset in order for it to be used and therefore constituting a service par excellence while the transfer of ownership of the property would be an additional potential element.
As noted above a lease is often a substitute for ownership Country Email List of an asset although it is not necessarily unlike hire purchase agreements a means by which to acquire ownership. Economic entities prefer occasionally to make use of means of production as part of a service supplied by another entity instead of acquiring ownership of the means of production. One of the advantages of this solution is that of not having to pay in advance the entire amount of VAT on the purchase price of means of production which will generate turnover and thus provide.
The opportunity to deduct input tax only in the future. I do not believe that this contractual freedom should be restricted with the obvious exception of fraud and abuse by treating as a supply of goods without any clear justification a legal relationship which the parties have deliberately structured as a supply of services. Conclusion . In view of the foregoing I propose that the Court reply as follows to the questions referred for a preliminary ruling by the Court of Appeal England and Wales Civil EC of November on the common system of value added tax should be interpreted as meaning that a leasing agreement which provides for transfer of the ownership of.
As noted above a lease is often a substitute for ownership Country Email List of an asset although it is not necessarily unlike hire purchase agreements a means by which to acquire ownership. Economic entities prefer occasionally to make use of means of production as part of a service supplied by another entity instead of acquiring ownership of the means of production. One of the advantages of this solution is that of not having to pay in advance the entire amount of VAT on the purchase price of means of production which will generate turnover and thus provide.
The opportunity to deduct input tax only in the future. I do not believe that this contractual freedom should be restricted with the obvious exception of fraud and abuse by treating as a supply of goods without any clear justification a legal relationship which the parties have deliberately structured as a supply of services. Conclusion . In view of the foregoing I propose that the Court reply as follows to the questions referred for a preliminary ruling by the Court of Appeal England and Wales Civil EC of November on the common system of value added tax should be interpreted as meaning that a leasing agreement which provides for transfer of the ownership of.