The letting for use of land planted with vines for one year with automatic renewal in return for remuneration is a „tenancy or lease” of immovable property within the meaning of the VAT Directive and therefore exempt from tax. Such a transaction is not the letting of a business…. This content is for Full Membership...

The lease of an enterprise in the form of a restaurant – i.e. real property with equipment – does not constitute a transfer of business (going concern). The decisive factor is that the ownership of the components essential for independent conduct of the business – including the possibility to terminate it – has not been…...