- Fiscal unity request for BBO/BAVP/BAZV purposes allows subsidiary and parent company to be treated as a single taxable entity
- Intercompany transactions are ignored for BBO/BAVP/BAZV purposes within a fiscal unity
- Opting for fiscal unity could result in tax savings on intercompany transactions and lower compliance costs.
Source: hbnlawtax.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.
