In this case, the Finnish Central Tax Board gave a preliminary ruling KVL:2022/42 on 28th September 2022 on the VAT deduction right of share acquisition costs accrued to a holding company that is owned indirectly by a private equity fund. This new ruling follows the previous ruling issued by the Central Tax Board on the same topic. We expect the ruling to be published shortly.
Source Borenius
See also Roadtrip through ECJ Cases – Right to deduct VAT by Holding companies related to their subsidiaries (Art. 167, 168, 173)
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