VAT – holding company – economic activities – taxable supplies – intra-group loan finance – intra- group management services- HELD – loan finance quasi- equity – not carried on on commercial basis -not economic activity – management services -insufficient link between fixed fee and services provided – not taxable supply – appeals dismissed.
[2014] UKFTT 580 (TC)
Bailii
England and Wales
VAT
Updated: 05 December 2021; Ref: scu.526903