V2.114 Representative members of VAT groups, persons dealing on terminal markets and co-owners of landTypes of taxable person—representative member of a VAT groupThe 'representative member' is one of two or more bodies corporate (see V2.113) (referred to here as 'companies') which are treated as members of a group1. The requirement that all group members be bodies corporate is to change with effect from a date to be appointed. For bodies corporate treated as members of a group and details of future changes, see V2.189Y–V2.190.Types of taxable person—persons dealing on terminal marketsThe Treasury is given wide powers to
The 'representative member' is one of two or more bodies corporate (see V2.113) (referred to here as 'companies') which are treated as members of a group1. The requirement that all group members be bodies corporate is to change with effect from a date to be appointed. For bodies corporate treated as members of a group and details of future changes, see V2.189Y–V2.190.
The Treasury is given wide powers to
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