- Swedish Tax Agency issued Statement No. 8-2948417 regarding the right to deduct input tax in connection with the sale of shares in subsidiaries
- Holding company claimed deduction of input tax for costs related to the sale of shares
- Court ruled that costs incurred for the sale of shares had a direct connection to the company’s economic activity
- Tax Agency intends to appeal decision regarding limitation on input tax deductions for non-economic activities of passive holding companies
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.
