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By Christophe Plainchamp Nicolas Devillers, ATOZ *
Whether you are a large multinational, a private equity house or an entrepreneur with rapid growth opportunities, you will know that holding companies are widely used to structure investments and facilitate divestments. With VAT rates increasing in a majority of European Member States, the VAT situation of holding companies is worth being considered, in particular to which extent VAT incurred can be recovered.
Recently, an interesting decision was rendered by the French Council of State in the case “L’Air Liquide”. Although this is a domestic decision, it is worth being analysed as it offers new perspectives in the field of input VAT deduction right for holding companies.
This...
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