VATupdate

Share this post on

Conflict Report on VAT Law Application: Exempt Activities and Artificial Interposition for Deduction.

  • Conflict number 19 in the application of VAT law
  • Artificial interposition of a company for the deduction of VAT from a local reform
  • The foundation’s goals include promoting mental health, researching ways of getting sick and getting cured, offering education, and cooperating with healthcare and education professionals
  • In 1996, the foundation started developing activities in various locations
  • In 2016, the foundation established Company A and acquired a property for 320,000 € with a mortgage of 224,000 €
  • In August 2016, the foundation started renting out industrial properties, including the one acquired in May 2016
  • In November 2016, the foundation signed a contract to establish a medical office, incurring costs of 110,670 € + VAT in 2016
  • In August 2017, the foundation signed a lease agreement with Company A for 1,200 € per month, increasing to 1,620 € in 2018
  • In 2017, the foundation incurred costs of 416,042 € + VAT and requested a VAT refund of 90,822.39 € in the 4th quarter of 2017

Source: audiconsultores-etlglobal.com

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.

Sponsors:

VAT news

Advertisements: