Lombard Ingaltan Lízing, judgment of 12.10.2017, C-404/16
When a finance lease agreement has been entered into (where VAT is due „immediately” „on the whole”) and then the agreement is terminated and the leased item is returned, the lessor is entitled to reduce the amount of tax „in minus” because the agreement is terminated and payment will definitely not be made. This is…...
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When a finance lease agreement has been entered into (where VAT is due „immediately” „on the whole”) and then the agreement is terminated and the leased item is returned, the lessor is entitled to reduce the amount of tax „in minus” because the agreement is terminated and payment will definitely not be made. This is…...
This content is for Full Membership members only. Want to read background, core of the problem, conclusion and more?
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