VATLP02740 - Supply: place of supply and liability of exploration and production licences in the UK oil industry: VAT liability of oil licences supplied in the UK
Any grant or assignment of a licence relating to land within the UK or its territorial waters is taxable unless the agreement has all the characteristics of a 바카라 사이트˜leasing or letting of immovable property바카라 사이트™ (see VATLP05700) or is a 바카라 사이트˜right over land바카라 사이트™ (see paragraph 2.4, ), in which case it is exempt (unless there is an option to tax).