VATupdate

Share this post on

Retraction of the granting of collection basis in the year of foundation

BFH, ruling of 11 November 2020, XI R 41/18

This BFH ruling concerns the question of how the revenue limit is calculated in the year of foundation when it comes to the taxation of payments received (so-called collection basis) and what requirements are needed for the granting of this to be retracted.

Source KPMG

Sponsors:

VAT news

Advertisements: