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. Date of origin14 March 2011CategoriesSupreme Tax Court casesKeywordsSale of shares, sale of assets, sale of ...
