27.12.2023 No right of withdrawal in case of car leasing without purcha ... In a most recent decision, the European Court of Justice decided that a consumer who concludes a car leasing agreement without an obligation to purchase does not have a right of withdrawal. By contrast, a consumer who has concluded a credit agreement to purchase a car without being properly informed of his or her rights and obligations may withdraw at any point as long as he or she has not received complete and correct information and provided that the withdrawal occurs before the agreement is performed in full. Categories: European Court of JusticeKeywords: Leasing, car leasing
20.10.2017 VAT – Supply of goods – Finance lease with option to purchas ... On 4 October 2017 the European Court of Justice decided that a finance lease with an option to purchase should be qualified as a “supply of goods” where the exercise the option appears to be the only economically rational choice that the lessee could make at the appropriate time. As a result the whole of the VAT becomes due when the object to be leased is handed over. Categories: From Europe, European Court of JusticeKeywords: car leasing, VAT, Supply of goods, Finan ...
09.01.2011 Conflict of definition with no collection of VAT does not pr ... The ECJ has held that a conflict of definition leading to cross-border car leasing being taxable in neither country does not preclude the right to deduct input tax. Categories: From EuropeKeywords: input tax deduction, conflict of definit ...
