Suppose that A, the buyer of a new home, is required to pay VAT on the full
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Suppose that A, the buyer of a new home, is required to pay VAT on the full price of land and building at the time of purchase. Suppose, further, that after ten years A resells the home to B at a greater price than A paid. What VAT consequences follow under the ABA Model? Under Conrad’s S-VAT? Under the Sixth Directive? What is the proper treatment in your view?
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Value Added Tax A Comparative Approach
ISBN: 9780521616560
1st Edition
Authors: Alan Schenk, Oliver Oldman
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