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No Obligation to Adjust VAT in Connection with Demolition of Buildings for Investment Purposes

  • The text discusses a new regulation regarding the obligation to correct the VAT tax in relation to the demolition of buildings for investment purposes.
  • It mentions that the interpretation of the individual is correct.
  • The request for interpretation concerns the lack of obligation to correct the VAT tax in relation to the demolition of buildings for investment purposes.
  • The request was made by a limited liability company involved in real estate development and investment.
  • The company plans to acquire neighboring properties from two different sellers.
  • The properties include a commercial building with 15 floors and underground levels, as well as other accompanying infrastructure.
  • The interpretation confirms that there is no obligation to correct the VAT tax in this case.

Source: sip.lex.pl

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.

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