VATSM3325 - Supply and acquisition: acquisition: definition

»Ê¹ÚÌåÓýapp term ‘acquisitionâ€� is defined in Article 20 of the Principal VAT Directive (see VATSM3310) and section 11(1) of the VAT Act 1994 (see VATSM3315). »Ê¹ÚÌåÓýapp essential elements of an acquisition are a supply of the goods and the movement of those goods between Member States.