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Decree on levying sales tax on leasing updated

The Decree on turnover tax for leasing has been updated. With the update, the decree has been brought into line with the taxable event in the BPM. The section has also been changed, which includes an approval that no VAT needs to be charged on the BPM part of the lease installments. This is due to the entry into force of the new BPM depreciation table on 1 July 2023.

Source Taxlive

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