BAA loses UK Court of Appeal case on VAT treatment of acquisition costs

Salman Shaheen

February 27, 2013

The Court of Appeal has delivered bad news for the UK airports operator, which will not be able to recover VAT on professional fees for advice in connection with the acquisition of BAA by a holding company.

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BAA loses UK Court of Appeal case on VAT treatment of acquisition costs

The Court of Appeal has delivered bad news for the UK airports operator, which will not be able to recover VAT on professional fees for advice in connection with the acquisition of BAA by a holding company.

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