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BMW Group’s Financial Services Arm Granted Tax Deduction Method by Swedish Court

  • BMW Group’s financial services arm can use a specific method to calculate VAT deductions
  • The ruling was made by a top Swedish court
  • This method will determine how much VAT can be deducted for the company’s activities

Source: news.bloombergtax.com

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.

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