VAT news tagged as "Deductible vat"

Sweden

Sweden scraps VAT group benefits

October 5th, 2015

The allowance for group VAT locking in Sweden is to be abolished at the start of 2016. The allowance permits group companies to transfer the right to deduct input VAT incurred on certain expenses. The European Commission had attempted to force Sweden to withdraw its entire VAT Grouping arrangements on the basis that it favoured …