Vittamed is a Lithuanian company that was engaged in scientific research and its application. In 2012 and 2013 it purchased various goods and services with the objective of developing a prototype of a medical diagnostic and monitoring device which it would then market, deducting the associated VAT in accordance with its planned future taxable activity.
Source Deloitte
Join the Linkedin Group on ECJ VAT Cases, click HERE
Latest Posts in "European Union"
- Maximizing VAT Recovery: Essential Tips for Businesses
- EU Announces VAT Digital Age Implementation Strategy to Combat Fraud and Modernize System
- ECJ Rules on VAT Treatment of Mobile App Services Before 2015
- EPPO Indicts 36 Suspects in €24.3 Million VAT Fraud Scheme
- EU Court Rules on VAT Liability for App Store Digital Platform Sales