- VAT taxable base for real estate contributions should be determined based on the issue price of shares
- Court of Justice of the EU ruled that subjective value of consideration for real estate contributions is the money attributed to shares
- Share issue price is determined after valuation of market price of contributed real estate
- In Polish law, nominal value of shares is value per share of assets contributed by founding shareholders
- Issue price of share corresponds to its value at time of issuance
- Court found no evidence of abusive practice in determining share issue price for VAT taxable base
Source: eutekne.info
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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