Determining VAT taxable base for property transfer in exchange for shares: ECJ clarification

• The taxable base of a transfer of real estate by a first company to the capital of a second company in exchange for shares must be determined based on the issuance value of the shares
• This was established by the EU Court of Justice in decision C-241/23 of May 8, 2024
• The decision provides clarification on the interpretation of article 73 of the VAT directive.

Source: ipsoa.it

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