VATupdate
VATupdate VAT GST sales tax Poland

Share this post on

Ruling: Exemption from VAT for planned sale of shares in the company

  • The text is a letter from the Director of the National Tax Information to the recipient.
  • The letter confirms that the recipient’s position regarding the non-taxation of the planned sale of shares in a company is correct.
  • The letter refers to a request for an individual interpretation of the tax consequences of the future event.
  • The request includes questions about the non-taxation of the sale of shares and the possibility of applying a VAT exemption.
  • The letter provides a description of the future event, which involves the municipality selling its shares in a company.
  • The municipality is the sole shareholder of the company and plans to sell approximately 30% of its shares.
  • The municipality states that the sale of shares is an incidental event and it does not engage in brokerage activities.
  • The municipality does not provide any services to the company and does not have control over its operations.
  • The purpose of the sale is to attract an external strategic investor.
  • The municipality does not perform any services related to rights and shares of the company.
  • The municipality confirms that it does not engage in activities related to the titles mentioned in the question.

Source: sip.lex.pl

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.

Sponsors:

VAT news
VAT news

Advertisements:

  • AXWAY - VATupdate Banner