The Supreme Court rejected the deduction of the input VAT by the parent company. The Court of Cassation deemed the VAT exemption regime applicable to shares transferred by a company to its subsidiaries so that they can be attributed to employees. It can be seen that the services rendered by the parent company are attributable to a mandate relationship for the sale of shares (under the VAT exemption regime) rather than to a generic supply of services (under a taxable regime).
Source: eutekne.info
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