VAT on takeover costs not recoverable by holding company, says Court of Appeal

“The European Commission is currently arguing that the VAT rules in the UK, as well as Ireland, the Czech Republic, Denmark, Finland, Sweden and the Netherlands, do not comply with EU law because they allow holding companies to be members of VAT groups.”

Look out for the CJEU’s decision coming soon.

http://www.out-law.com/en/articles/2013/february/vat-on-takeover-costs-not-recoverable-by-holding-company-says-court-of-appeal/

Eamon McNicholas
Tax Barrister, Accountant
http://www.EamonMcNicholas.com

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About Eamon McNicholas

Tax Barrister, Accountant www.EamonMcNicholas.com
This entry was posted in Tax and Accounting News and tagged , , , , , , , . Bookmark the permalink.

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