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No refund of VAT if bad debt and obligation to remit output VAT take place in same period?!

By MR. NAJAT IDRISSI, VAT EXPERT AT DE HAAS ADVOCATEN

To my great surprise, the Tax and Customs Administration takes the position that if the liability for VAT and the right to a bad debt refund fall within the same period, the taxpayer cannot invoke Article 29 of the VAT Act and is therefore not entitled to a ‘refund’. In my view, this can never have been the intention of the legislator.

Source: nextens.nl

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