Difficulties in determination of VAT treatment of various categories of financing solved by economic reality ? electrónico Lex Neijtzell de Wilde
By: Neijtzell de Wilde, Lex
.
Material type: 
ArticlePublisher: 2021Subject(s): IMPUESTO SOBRE EL VALOR AÑADIDO | PRODUCTOS FINANCIEROS | ISLAM | DERECHO COMPARADO
In:
International VAT Monitor v. 32, n. 1, 2021Summary: In this article, the author discusses the difficulties in the determination of the VAT treatment of various financial products, including Islamic finance products, based on both EU and GCC legislation. Main findings are that under both systems, establishing whether or not financing products that achieve the same economic goal are indeed treated in a similar way is burdensome. Alternative solutions to achieve more justified results, such as applying a more economic approach or limited implementation of VAT exemptions, should – in the author’s view – be further investigated.
| Item type | Current location | Home library | Call number | Status | Date due | Barcode |
|---|---|---|---|---|---|---|
| Recursos electrónicos | IEF | IEF | IVM/2021/1-8 (Browse shelf) | Available | IVM/2021/1-8 |
Browsing IEF Shelves Close shelf browser
Disponible únicamente en formato electrónico.
Resumen.
In this article, the author discusses the difficulties in the determination of the VAT treatment of various financial products, including Islamic finance products, based on both EU and GCC legislation. Main findings are that under both systems, establishing whether or not financing products that achieve the same economic goal are indeed treated in a similar way is burdensome. Alternative solutions to achieve more justified results, such as applying a more economic approach or limited implementation of VAT exemptions, should – in the author’s view – be further investigated.
Click on an image to view it in the image viewer
There are no comments for this item.