The Lyon CAA (CAA Lyon, December 15, 2022, No. 21LY00167, Compagnie des Animaux) ruled on whether the expenses incurred by a holding company had a direct link with its activity consisting of the provision of services rendered to its subsidiaries and were, as such, deductible.
The exercise of the right to deduct VAT by holding companies responds to now well-established principles based on the rule of allocation, the notion of overheads and interference in the management of subsidiaries.
The Administrative Court of Appeal of Lyon, in a judgment of December 15, 2022, ruled on whether the expenses incurred by a holding company had a direct link with its activity consisting of services rendered to its subsidiaries. and were, as such, deductible.
Source Lexbase.fr
See also
Latest Posts in "France"
- French B2B e-Invoicing Reform: Key Impacts for Finance and Travel Teams by 2026
- Paris Court Clarifies VAT Deduction, Refund Rules for Mixed-Activity Taxpayers in France
- France Extends Reduced 10% VAT for Forestry and Fire Prevention Until End of 2028
- French Tax Authority Clarifies VAT Rules for Dropshipping and Imported Goods in E-Commerce
- VAT: Secure Cash Register Software Requirements and Compliance for Taxable Persons in France
