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Value-Added Tax (VAT) › International Tax Issues › Banks

Cadwalader, Wickersham & Taft LLP

Missing the Target

Cadwalader, Wickersham & Taft LLP on

In Target Group Ltd v HMRC [2023] UKSC 35 (“Target”), the United Kingdom’s Supreme Court has held that the loan services which the taxpayer company provided to a bank were not exempt from VAT. ...more

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