VAT and the Surrender of Leases

Abstract

Considers the effect of the European Court′s ruling in relation to VAT zero rating of transactions concerning land and buildings. Describes some legitimate tax planning. Discusses whether the UK legislation is in accordance with the sixth EC VAT Directive.

Citation

Cushnir, A.M. (1992), "VAT and the Surrender of Leases", Journal of Property Finance, Vol. 3 No. 2. https://doi.org/10.1108/09588689210033837