The SAC confirmed that the disposal of shares of the MREC was within the scope of VAT and thus the costs were to be treated similarly as the expenditures relating to disposal of the shares of the Company’s subsidiaries.
There have been a number of cases in the Finnish Supreme Admistrative Court on VAT and real estate questions. Parking has been a very hot topic since the implementation of VAT in Finland. Maybe now it has been solved...
The provisions of Council Directive (EU) 2018/1910 will be incorporated into Finland’s VAT legislation as from 1 January 2020.
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