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Temporary tolerance methods for company car VAT deduction

Since 2011, the VAT deduction on mixed-use business assets has been regulated differently. The professional use is relevant here. For a company car, a person liable for VAT can determine that professional use according to three methods. On January 14, 2021, the Minister of Finance introduced a number of relaxation to the application of those deduction methods for VAT.

Source: alaska-group.eu

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