- A company participating in the VAT group regime as a subsidiary can choose to continue with one procedure and cease the other after the merger
- The company in question, Alfa, is 100% controlled by Beta and controls Delta (100%) and Epsilon (98.03%)
- Alfa cannot simultaneously participate in two separate VAT group liquidation procedures as a controlling and controlled entity
- Alfa can choose to continue with either procedure after the merger, transferring debts or credits from the incorporated companies to the group
- According to the last paragraph of article 73 of DPR 633/72, entities participating for the first time in the VAT group regime can choose which procedure to continue with
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.
