- Swedish Tax Agency announces change in position on deduction of input VAT in acquiring subsidiaries
- Parent companies now have the right to deduct input VAT on costs incurred in acquiring a subsidiary
- Previous policy stated that parent companies must participate in management of acquired subsidiary to deduct input VAT
- Policy has been updated to reflect Supreme Administrative Court judgment
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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