Input VAT refund procedure for (tax-exempt) iC supplies (Sec 11 and 12 Austrian VAT Act in connection with Art 7 Austrian VAT Act).
The refund of an invoiced VAT is not permitted, if the supply qualifies as an iC supply, which can subsequently be exempted from VAT (Federal Tax Court, 05.03.2024, RV/2100222/2022)
Source Leitner & Leitner
Latest Posts in "Austria"
- ECJ Rules No VAT Liability for Incorrect Rates Charged to Non-Taxable Consumers
- Tax Implications of Hobby in Castle Leasing and Management Under § 2 Abs 5 Z 2 UStG
- VAT Refund for Foreign Entrepreneurs on Austrian Real Estate Services
- Hobby Horse Breeding and Boarding: Tax Implications and Profitability Assessment Changes
- Input Tax Deduction for Test Vehicles Used Exclusively for Development Purposes
