Input tax: Holding companies

The deductibility of input tax incurred by group holding companies is often contentious. This article provides a brief overview of a recent case where the tax court in Cape Town considered a holding company’s entitlement to deduct input tax in respect of services. The dispute centred around the nature of the holding company’s enterprise and the connection between the services acquired to this enterprise.

Read further: Pieter van der Zwan

 

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