학술논문
The differing approaches to cost-sharing in the UK and the Netherlands
Document Type
Journal Article
Author
Source
T.P.I.I.T. 2011, 9(11), 10-12
Subject
Language
English
ISSN
1741-0886
Abstract
This, the first article in a series commenting on indirect tax issues in the financial services sector, focuses on the VAT exemption for certain services of cost-sharing groups provided by Directive 2006/112 (VAT Directive) art.132(1)(f). Contrasts the situation in the Netherlands, where the exemption was implemented on January 1, 1979, with the UK where the provision has never been enacted in domestic legislation. Notes proposals made in the Revenue and Customs consultation on implementing the exemption, published on June 29, 2011.