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    • UK Based Global VAT and Tax Compliance Consultants
    28
    Jul

    Larenta & Minerva – CJEU Judgment (Holding Companies & VAT Groups)


     

    The CJEU has backed the Advocate General’s earlier opinion that VAT incurred on the acquisition of subsidaries can be reclaimed in full providing the holding company is engaged  in wholly taxable economic activities and that the costs incurred for a component of that activity. If the holding company also controls subsidiaries to which no services are applied then apportionment may be required.

     

     


    Essentia Global Services – European / International / Global vat tax compliance consultants and management agents.
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    We are specialists in global indirect tax management. We help businesses to manage their worldwide compliance with respect to VAT/GST and similar taxes, effectively and economically. Essentia Global Services – European / International / Global vat tax compliance consultants and management agents. Essentia also provides VAT Training Courses and an EU VAT Number Lookup Platform. VAT Global Management & International VAT Registration.