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Indirect Tax Case Alerter

 
The tax litigation team from PricewaterhouseCoopers Legal LLP continues its series of alerts for indirect tax case law developments which may arise over the coming weeks together with the relevant legislation and history and its analysis of the implications of the cases
AB SKF (Case C-29/08)
The issues
 
The AB SKF case considers the deductibility of input VAT incurred on costs attributable to the sale of a subsidiary. On 13 February 2009 the Advocate-General (A-G) released his opinion finding that input VAT incurred in relation to the transactions in question is irrecoverable. The decision of the European Court of Justice (ECJ) is expected to be released on 29 October 2009.
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