closed-end lease [ close-end lease | net lease | straight lease | flat rate lease | non participating lease | walk-away lease ]

flat-rate lease | net lease | straight lease

property leasing [ house rental | real-estate leasing | rent | Housing tenancy(ECLAS) | housing rent(UNBIS) | rental housing(UNBIS) ]

gross lease [ rental lease | full-service lease | service lease | full maintenance lease | maintenance lease ]

leasing characteristic | leasing components | leasing characteristics | leasing qualities

operating lease | operating leasing | operational lease | operational leasing

farm lease [ agricultural lease ]

A reduced VAT base for the lease of yachts – a general VAT scheme provided by Cyprus, Greece and Malta.While current EU VAT rules allow Member States not to tax the supply of a service where the effective use and enjoyment of the product is outside the EU, they do not allow for a general flat-rate reduction without proof of the place of actual use.

In detail, the infringement procedures launched today concern: a reduced VAT base for the lease of yachts – a general VAT scheme provided by Cyprus, Greece and Malta.While current EU VAT rules allow Member States not to tax the supply of a service where the effective use and enjoyment of the product is outside the EU, they do not allow for a general flat-rate reduction without proof of the place of actual use.

By contrast, some costs could typically not be declared as direct costs, but would be deemed reimbursed through the flat-rate for indirect costs, e.g. rental, lease or depreciation costs of administrative buildings and headquarters.

(17) Whereas, in accordance with Directive 90/387/EEC, tariffs for leased lines must be based on the following principles; they must be based on objective criteria and must follow the principle of cost-orientation, taking into account a reasonable time needed for rebalancing; they must be transparent and properly published; they must be sufficiently unbundled in accordance with the competition rules of the Treaty and they must be non-discriminatory and guarantee equality of treatment; whereas tariffs for leased lines provided by one or more telecommunications organization must be based on the same principles; whereas a favourable pr ...[+++]ejudice is given to a tariff based on a flat-rate periodic rental, except where other types of tariffs are justified by cost;