Newsalert - Court of Justice of the European Union statement on input VAT paid by a mixed holding company in respect of services with a view to the possible acquisition of shareholdings in other companies

The EUCJ stated that input VAT paid by a mixed holding company in respect of services with a view to the possible acquisition of shareholdings in other companies is deductible  even if the latter did not take place. 

The principles summarized above were stated by the Court of Justice of the European Union (the “EUCJ”) in its judgment in case C-42/19 - Sonaecom on 12 November 2020.


See Alert on the topic by our Tax Department