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Double VAT financing in the context of EU Funds

Regulation (EU) 2021/1060 lays down the common provisions and financial rules applicable to the European Regional Development Fund, the European Social Fund Plus, the Cohesion Fund, the Just Transition Fund and the European Maritime, Fisheries and Aquaculture Fund.

Article 64 of Regulation (EU) 2021/1060 identifies value added tax (‘VAT’) as one of the costs that are not eligible for a contribution from the Funds, except:

i) for operations the total cost of which is below EUR 5 000 000 (including VAT);…

Source: www.europarl.europa.eu

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