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Transfer of limited partnership and subsequent confusion not VAT-free business transfer

The Tax Council could not confirm that a subsequent dissolution of the limited partnership through confusion, where the Danish limited liability company became 100% owner of the underlying property, should be considered a VAT-free transfer of going concern for VAT purposes. Neither the transfer of the limited partners nor the resulting corporate law confusion could be considered a VAT-free transfer of business, as no transfer of the company’s assets took place.

Source: skat.dk

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