VATupdate

Share this post on

The transfer of an enterprise to a family foundation is not subject to VAT

The transfer of the company’s assets to a family foundation may entail certain obligations in the context of value added tax. However, if all assets related to the business activity or an organised part of the enterprise are transferred to a family foundation, the tax obligation will not arise.

Source Prawo.pl

 

Sponsors:

VAT news
VAT news

Advertisements:

  • AXWAY - VATupdate Banner
  • VATupdate.com