A tax-effective correction of an erroneously issued invoice (tax liability too high and therefore tax liability by virtue of invoice pursuant to § 11 para 12 UStG) can also be made if the statute of limitations for the assessment has already expired. – This is because the original tax assessment remains unaffected due to the ex nunc effect of the invoice correction (which is possible for an unlimited period of time) expressly stipulated in § 16 para 1 UStG. VwGH, 15.12.2022, Ro 2019/13/0034
Source: bka.gv.at
Latest Posts in "Austria"
- General Court T-638/24 (D GmbH) – AG Opinion – VAT on Intra-Community Acquisitions Not Precluded by Errors
- Austria Clarifies Tax Deduction Rules for Subcontractor Services Involving Fraudulent Invoices
- New GC VAT Case T-389/25 (James Howden and Co.) – No details on Curia yet but ….
- Austria Launches USP Portal for Business E-Government Services and E-Invoicing Registration
- Austrian Court Rules No Consumption Tax or Late Surcharge on Temporarily Leased Cross-Border Vehicles
