- The European Court of Justice ruled on conditions for VAT recovery for unpaid invoices
- A Bulgarian company sought to offset unpaid invoices with VAT declared, but was denied by tax authorities
- The court referred to Directive 2006/112/EC, stating that VAT refund cannot be completely excluded if payment is at risk
- Questions were raised on whether a member state can set a deadline for VAT refund for unpaid transactions
- The court found that such a deadline is not in conflict with Directive 2006/112/EC
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.
