As an entrepreneur, be alert to the purchase VAT and ensure that the purchase VAT is deducted in the correct period. Recently, the European court has delivered an important judgment, especially for situations in which projects are prepared and started, which extend over several years. In this case, years later, the taxpayer was unable to deduct the VAT not deducted via the so-called revision.
Source Moore-mth
Latest Posts in "European Union"
- EU Parliament Approves CBAM Reforms: New 50-Ton Threshold, Delayed Certificate Purchases to 2027
- ViDA: Transforming EU VAT with Harmonized e-Invoicing and Real-Time Reporting
- EU Court Ruling on Arcomet: Transfer Pricing Adjustments Pose VAT Risks for Companies
- Italian Tax Authorities Remove Non-EU Companies from VIES for Failing New VAT Guarantee Requirements
- Comments on ECJ C-121/24: Non-payment of declared VAT does not constitute VAT fraud
