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Ruling 501: VAT Group – Option for separate application of tax

The Revenue Agency expressed its opinion on the option for separation for VAT purposes with reference to the activity of a consortium company attributable to a VAT Group operating in the insurance branch. In the present case, this company carries out the contact center activity in support of the insurance companies participating in the VAT Group, but intends to carry out the same activity also towards third parties of a non-insurance matrix, for which it could benefit from the VAT deduction.

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