Mercedes-Benz Financial Services v HMRC 
- Mercedes-Benz Financial Services dealt in finance leases, where cars were ‘rented’ for a period of time, before being returned
- Were the leases taxable as goods?
- Customers were unable to retain buy real xanax online their cars upon the expiry of the finance leases, meaning that they were not goods
- Mercedes therefore did not have to pay an extra £160 million in tax
Posted in Commercial Law Revision Notes.
This page was last updated on 30th December 2014