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Input VAT deductions, services provided by head office to branches (Conseil d’Etat decision)

France’s high tax court (Conseil d’Etat) issued a decision that applied, for the first time, a judgment (C-7/13) from the Court of Justice of the European Union (CJEU) to allow a deduction of input value added tax (VAT) for services supplied by a head office to its branches established abroad that were members of a domestic (local) VAT group. The case is: BNP Paribas Securities Services, n°435295 (4 November 2020)

Source: KPMG

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