The VAT briefing for December

In Sveda (C-126/14) (reported in Tax Journal 30 October 2015) the CJEU considered whether a business could recover input VAT on construction costs for a path accessible by the public for free but from which the business ultimately expected to profit. Sveda had entered into an agreement with the National Paying Agency under the Lithuanian Ministry of Agriculture (‘the agency’) to build a recreational path which would be available to the public at no charge. Up to 90% of the construction costs were funded by the agency with the remaining...