ECJ clarifies VAT treatment of hire purchase contracts in Mercedes case
12 October 2017
Joe Stanley-Smith
Businesses could find VAT accounting easier after the European Court of Justice (ECJ) ruled that hire purchase-like contracts, which include an option to buy, should be treated as a supply of goods, rather than services, if exercising this option is the lessee’s obvious choice.
The article you are trying to view is locked content, available only to subscribers and current trialists.