Peter Jenkins comments on the judgment of the Court of Justice in RCI Europe Ltd Case C-37/08 which has not followed the opinion of Advocate-General Trstenjak
RCI Europe Ltd (RCI) is one of the two big timeshare exchange companies based in the UK the other being Interval International Ltd. The essence of the service offering is to recruit subscribers owning timeshare weeks in affiliated resorts (usually when developed) and to offer them effectively a marketplace in which they can exchange their week (or weeks) for the equivalent in another resort anywhere in the world. The member deposits his 'holiday usage rights' with RCI and when he wants to make an exchange he selects (within a band) an equivalent property already deposited by another member in the timeshare pool and pays an...
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Peter Jenkins comments on the judgment of the Court of Justice in RCI Europe Ltd Case C-37/08 which has not followed the opinion of Advocate-General Trstenjak
RCI Europe Ltd (RCI) is one of the two big timeshare exchange companies based in the UK the other being Interval International Ltd. The essence of the service offering is to recruit subscribers owning timeshare weeks in affiliated resorts (usually when developed) and to offer them effectively a marketplace in which they can exchange their week (or weeks) for the equivalent in another resort anywhere in the world. The member deposits his 'holiday usage rights' with RCI and when he wants to make an exchange he selects (within a band) an equivalent property already deposited by another member in the timeshare pool and pays an...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
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