Group Registration
20/02/1998
Query
VAT grouping of companies linked either financially or organisationally where their business is not economically linked.
Decision
In the circumstances of a particular case a group arrangement was allowed for VAT purposes where all the criteria as provided in Section 8 (8) of the VAT Act did not apply i.e. the economic links were questionable.
Value Added Tax
Section 8 (8), Value Added Tax Act, 1972
Origin: Indirect Taxes Policy and Legislation
File ref:A/337
19/07/2000
Query
VAT grouping of fund management company with all the funds and unit trusts under its management
Decision
In the circumstances of this case and in consideration of previous decisions made concerning the criteria established in relation to group registration it was agreed to allow group registration in this case on the understanding that the managed funds have no independent management capabilities and that the fund management company accepts joint and several liability for all the funds under its control.
Value Added Tax
Section 8 (8), Value Added Tax Act, 1972
Origin: Indirect Taxes Policy and Legislation
File ref:A/337