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V3480-19 ·20 December 2019 ·consulta-vinculante Medium impact
Tax

VAT deduction on takeover bid expenses depends on whether the holding company is mixed and the proportionality of its activities

A holding company acting as a managing director for a subsidiary has queried whether it can deduct VAT on takeover bid expenses. The DGT indicates that the deduction will depend on whether the entity is a mixed holding company and the proportion of its activities subject to tax.

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2019-12-20PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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