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June 2017VAT on leasing and hire-purchase: goods or services? On 31 May 2017 Advocate General Sugar delivered his opinion in the Mercedes-Benz Financial Services UK Ltd case (Case C164/16). The case

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What is vat on leasing?

VAT on leasing is a tax on the lease of goods or services.

Who is required to file vat on leasing?

Businesses or individuals who are engaged in leasing transactions are required to file VAT on leasing.

How to fill out vat on leasing?

VAT on leasing can be filled out using the appropriate tax forms provided by the tax authority.

What is the purpose of vat on leasing?

The purpose of VAT on leasing is to generate revenue for the government and regulate leasing transactions.

What information must be reported on vat on leasing?

The information reported on VAT on leasing may include details of the leased property, value of the lease, and applicable tax rates.

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