- Changes in the definition of investment property for VAT purposes from 2025
- New rules for VAT deduction and adjustment related to investment property
- Investment property defined as long-term assets used for business purposes
- Includes movable items with a purchase price over 1700 euros, buildings, construction sites, and intangible assets over 2400 euros
- Excludes inventory intended for resale or with a useful life of less than one year
- Aims to simplify VAT deduction by excluding inventory from the definition of investment property
Source: podnikajte.sk
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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