Supreme Court Allows Partial Transfer of VAT Credit Requested for Refund, but Doubts Remain

• The Supreme Court has confirmed the partial transferability of the VAT credit requested for reimbursement.
• The case involved a bank acquiring a portion of the VAT credit from a bankruptcy.
• The taxpayer appealed to the Supreme Court, arguing that there was no prohibition on partial transfer of the VAT credit.
• The court referred to the relevant legislation and previous rulings on the matter.
• The court had previously ruled on the legitimacy of the transfer of the VAT credit for reimbursement.
• The decision raises some questions about the scope of the legal principle established.

Source: eutekne.info

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.