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V3480-19 20 December 2019 · SG de Impuestos sobre el Consumo Criterion in force
IVA · sociedad holding

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.

The question raised

Cuestión planteada Deducción del IVA soportado por la entidad consultante de los gastos relativos a la oferta pública de adquisición.

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