Catch 22? Conflict between VAT & TP principles | Taxand.
With the increasing development of TP guidelines and a renewed focus on VAT, it’s easy to see where confusion with ‘conflicting’ tax principles may stem from. In particular, companies with an intra-group service function can face these issues as they must assess their right to VAT deductions with consideration to their VAT taxable turnover compared to their total turnover. Taxand Finland and Taxand Sweden focus on the impact conflicting tax principles have on European multinationals.
