VATupdate

Share this post on

The right to deduct Input Tax

Input tax that is directly attributable to supplies which give the right to deduct VAT, is available as a credit in full. Contrary to this, input tax directly incurred in connection with supplies which do not give the right to deduction may not be allowed as a deduction.

Source: pwc.com

Sponsors:

VAT news

Advertisements:

  • AXWAY - VATupdate Banner