VATupdate

Share this post on

Ruling 10: Tax point for VAT purposes in the estimation contract

In the absence of sale to third parties or return of the goods within the term of one year from delivery, in the event of an estimation contract of longer duration, the tax law requires the taxation to be brought forward for VAT purposes only, although the transfer effect of ownership, according to civil provisions, has not yet taken place.

Source: ipsoa.it

Sponsors:

VAT news
VAT news

Advertisements:

  • VATupdate.com
  • AXWAY - VATupdate Banner