The Resource What is a supply for VAT purposes? Reflections on Quantas Airways Ltd

What is a supply for VAT purposes? Reflections on Quantas Airways Ltd

Label
What is a supply for VAT purposes? Reflections on Quantas Airways Ltd
Title
What is a supply for VAT purposes? Reflections on Quantas Airways Ltd
Creator
Subject
Language
eng
Summary
Notwithstanding major reform efforts, governments and commentators have devoted little attention to the scope of the concept of a "supply" for VAT purposes. With some exceptions, the discussion preceding the adoption or reform of the VATs did not include statements of policy relating to whether the tax was based on an overarching conception of a VAT as a tax on business activity, or a tax limited to personal consumption expenditures. The VAT evolved, starting with the European Community, from a basic notion that VAT is imposed on supplies of goods and services and imported goods destined for personal consumption. This deficiency raises basic questions relating to the concept of a supply for VAT purposes. Recently, courts have been faced with questions like that posed by the Qantas Airways Ltd case in Australia. If a customer purchases a restricted air ticket, does not take the flight, and the airline, by contract, is entitled to retain the purchase price, should the person selling the service report the transaction as a supply for consideration?
Citation source
In: International VAT monitor. - Amsterdam. - Vol. 26 (2015),
http://library.link/vocab/creatorName
Schenk, A
Geographic coverage
International
Language note
English
http://library.link/vocab/subjectName
  • VAT
  • case law
  • supply (VAT)
  • services
Label
What is a supply for VAT purposes? Reflections on Quantas Airways Ltd
Instantiates
Publication
Label
What is a supply for VAT purposes? Reflections on Quantas Airways Ltd
Publication

Library Locations

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      52.3736660 4.9336932
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