In the judgement in Case C-482/21 Euler Hermes, the Court of Justice held that VAT cannot be adjusted on bad debts which have been partially recovered through the payment of an insurance claim and assigned to an insurance company. As it turns out, the approach of the Czech VAT Act is consistent with the Court’s view of the rules on the adjustment of tax on bad debts.
Source: dreport.cz
See also C-482/21 (Euler Hermes) – Judgment – Taxable amount and Insurance of Indemnities
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