The Resource Lennartz post-VNLTO

Lennartz post-VNLTO

Label
Lennartz post-VNLTO
Title
Lennartz post-VNLTO
Creator
Subject
Language
eng
Summary
The authors consider that the European Court of Justice (ECJ) decision in Vereniging Noordelijke Land- en Tuinbouw Organisatie v Staatssecretaris van Financiën (VNLTO) (C-515/07) was correct but that HMRC's response to it as set out in Brief 2/10 was not. They believe that it is possible to distinguish the VNLTO fact pattern from the facts applicable to the types of UK charities that have typically benefitted from using Lennartz. VNLTO acted in a commercial manner to promote the interests of the members who also funded VNLTO - therefore VNLTO's purpose in doing this was business as the ECJ concluded. By contrast charities using public money for the public good do not have a business purpose when they do this and so can meet the conditions to use Lennartz in respect of mixed use capital assets
Citation source
In: Tax journal. - Croydon. - (2010),
http://library.link/vocab/creatorName
  • Killington, K
  • Suchak, A
Geographic coverage
  • European Union
  • Europe
Language note
English
http://library.link/vocab/subjectName
  • VAT refund
  • charities
  • mixed use property
Label
Lennartz post-VNLTO
Publication

Library Locations

    • IBFD Library AmsterdamBorrow it
      Rietlandpark 301, Amsterdam, 1019 DW, NL
      52.37366609999999 4.9336932
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