In the first of two newsletters, our Spanish firm, Garrigues, discusses key tax developments in the world of sports, including:
The Court of Justice of the European Union’s ruling on a petition for a preliminary ruling on deducting input VAT on advertising services at a motor racing championship;
The High Court of Catalonia’s dismissal of an application for judicial review filed by a football club against the decision delivered by the Taxes Board of Catalonia on July 17, 2019;
Care and stabling costs in the calculation of the capital gain or loss obtained on the sale of a horse.
