Swedish Tax Agency clarifies the Supreme Administrative Court’s ruling on the deduction of input tax related to the sale of shares in subsidiaries. The court affirmed that costs associated with the sale of shares have a direct and immediate connection with economic activities, satisfying criteria for input tax deduction. However, when holding companies engage in exempt or non-economic activities, input tax deduction on general expenses is only permissible in relation to taxable transactions.
Source GVC
Latest Posts in "Sweden"
- Reassessment Statement on Tax Base for Staff Meals in Restaurants No Longer Applies
- Clarification: Who Qualifies as a Transport Operator According to the Swedish Tax Agency
- Taxation of Criminal Activities: Income and VAT Implications for Individuals under Swedish Law
- Sweden Clarifies Input VAT Apportionment Rules for Mixed Activities in New Guidance
- Sweden Clarifies Input VAT Apportionment Rules for Mixed Activities in New Tax Agency Statement
