- The BFH has ruled on the revocation of permission to use cash accounting due to abuse.
- The case involves a trader who taxes his revenue based on payments received.
- The trader was found to be issuing invoices with VAT but not collecting payment for several years.
- The tax authorities revoked the approval to tax the transactions based on payments received.
- The plaintiff’s appeal was viewed as justified by the BFH.
- The BFH stated that the revocation of the administrative act is not permissible if the issuance of the act was required.
- The BFH also discussed the interpretation of the term “owed” in relation to VAT deductions.
- The ruling is relevant to the tax procedures of the recipients of the supplies.
Source: hub.kpmg.de
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.
