The Committee received a request about how a lessee accounts for any non-refundable value added tax (VAT) charged on lease payments. The request asked whether, the lessee should include non-refundable VAT as part of the lease payments for a lease when applying IFRS 16.
Source: eaccny.com
Latest Posts in "United States"
- How Sales Tax Compliance Fuels Essential Services: Lessons from the Bay Area Transit Crisis
- Kilpatrick, Alabama Implements New Local Sales, Use, Rental, and Lodgings Taxes Starting March 2026
- US Court Orders Refund of Unlawful Tariffs After Supreme Court Ruling on IEEPA Duties
- Cordova, Alabama Increases City Sales and Use Tax Rates Effective March 2026
- Basware World Tour 2026: AI Innovations, Compliance Trends, and Networking in Chicago
