n Tax Breaks Newsletter - Nasty VAT blow for associations not for gain : value-added tax

Volume 2009, Issue 286
  • ISSN :



The tax Court handed down judgement on 14 August 2009 in Case No: VAT 711, which could have a major impact on the ability of associations not for gain to claim Value-Added Tax (VAT) on their operating expenses. It could even have a negative impact on profit making vendors who make certain supplies for no consideration as well.

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