14.03.2011 No input tax deduction on sale of less than full share capit ... The Supreme Tax Court has held that the sale of less than 100% of the share capital of a subsidiary cannot rank as the sale of a business. The transaction is a VAT-free sale of shares and the input tax on the associated costs is not deductible. Categories: Supreme Tax Court casesKeywords: Sale of shares, sale of assets, sale of ...
