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Is vat chargeable on capital sale

  • 06-07-2016 10:34AM
    #1
    Registered Users, Registered Users 2 Posts: 107 ✭✭


    Looking for some help on a vat issue:

    Company A, a vat registered Irish company is selling the intellectual property rights of product X, a software product, to Company B, also an Irish company. This is a capital sale, not a license agreement. A will have no further control over X.

    Is vat chargeable on the sale ?


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