The Court of Justice of the European Union (CJEU) rendered judgment (Sonaecom (C-42/19, 12 November 2020)) holding that value added tax (VAT) may be deducted on purchased services in the event of a proposed but unrealized share acquisition.
Source: KPMG
The summary of the judgment can be found HERE
Latest Posts in "European Union"
- CJEU Clarifies 0% VAT Documentation for Intra-Community Supplies: Key 2025 Ruling for Businesses
- Key CBAM Changes for EU Importers Effective January 2026: New Thresholds and Reporting Rules
- GENA Urges EU to Harmonise and Expand Digital E-Invoicing in Public Procurement Reform
- Audit Office Monitors Council’s VAT Filing Amid Potential £600k HMRC Fine Risk
- EU VAT Gap 2023: Key Findings, Country Comparisons, and Policy Insights from Mind the Gap Report
