VAT – Whether First-tier Tribunal followed correct approach when denying input tax credit under Kittel principles – yes – whether decision perverse – no – appeal dismissed

The Supreme Court, in its judgment of September 27, 2022, has established that the return of undue income , provided for in article 221 of the LGT, is an appropriate way to request the rectification of the  VAT  paid for a swap operation, which it was finally resolved.

Source: audiconsultores-etlglobal.com