Facts
- Mercedes-Benz Financial Services dealt in finance leases, where cars were ‘rented’ for a period of time, before being returned
Issue
- Were the leases taxable as goods?
Decision
- No
Reasoning
- 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
