Effective 1 January 2023:
- Foreign entities that sell goods that are in customs storage procedure in accordance with customs regulations need to VAT register.
- Electricity supply or related services > tax point = day of issuance of an invoice.
- New rules for transactions (value) between related parties
- The tax base for purchases with multi-purpose voucher is the fee paid for the voucher
- Input VAT can be deducted on the basis of an electronic invoice that has been accepted in the tax period in which the tax liability arose, regardless of whether the electronic invoice was issued on the day the tax liability arose or after that day.
Source: KPMG
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