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Supreme Court Rules on VAT Deduction for Dual-Use Luxury Goods

  • The court ruled on VAT deduction for luxury goods.
  • Goods used for both economic and private purposes require a deduction coefficient.
  • Without this coefficient, the tax authority can deny the entire deduction.

Source: taxand.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.

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