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New VAT law a “death knell” for private jets
16 July 2009
The European Commission has proposed making larger private jets liable for VAT in a move which could threaten the survival of some owners and operators.
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European Commission
private jets
VAT
Grant Thornton
The survival of some private jet operators has been threatened with a new proposal from the European Commission that will make larger private jets liable for VAT.
The commission’s action will likely see the cost of owning and operating private jets increase, in a...
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