Contributing Firms:
VAT - a case of interest to multinationals carrying out cross border activity from Ireland
A recent judgment from the High Court has upheld a 2022 determination of the Tax Appeals Commission in Revenue Commissioners V Covidien Ltd, a case which revolved around a disputed €45.9 million VAT claim. What are the takeaways of the case of interest to multinationals carrying out cross border activity from Ireland? Can you please also explain the ‘used-for’ test?