As is well known, except in cases where the special VAT cash accounting scheme applies, VAT charged as a result of supplies of goods or services must be paid to the tax authorities, regardless of whether it has been paid by the recipient of said goods or services. This has always caused serious financial problems for taxable persons, especially in times of economic crisis, when late payment figures increase enormously.
Source International Tax Review
See also – ECJ cases on Bad Debts (Art. 90, 185)
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