VAT deduction for holding companies – the Swiss approach | Taxand.
In our Taxand’s Take November edition, the VAT related uncertainties that holding companies are facing in the European Union were described. The message sent out by the European Member States is clear: holding companies will have to face another cut of their input VAT. Switzerland’s approach offers an attractive, not to say unique, alternative. Taxand Switzerland outlines the key aspects of the nation’s VAT rules: past and present.