Greg Sinfield and Lee Squires of Hogan Lovells consider the impact of the recent ECJ decision in GFKL and explain how the ruling removes much of the uncertainty about the VAT treatment of discounts in the context of the assignment of receivables.
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China and a clutch of EU nations have voiced dissent after Estonia shot down the US side-by-side deal; in other news, HMRC has awarded companies contracts to help close the tax gap