- Auxiliary transactions do not affect the VAT deduction proportion.
- The main goal is to ensure auxiliary transactions do not distort the turnover and core activities of an entity.
- If a property is acquired as an investment rather than for business purposes, its sale is considered an auxiliary service.
- Such transactions are not included in the VAT deduction proportion calculation.
- The Regional Administrative Court in Gdańsk ruled on this matter.
- The company involved manages investment fund receivables and is exempt from VAT for these services.
- The company also earns income from fund participation and subsidiary involvement.
- It performs VAT-taxable activities like accounting, administrative services, and office space subleasing.
- For purchases not exclusively linked to taxable or non-taxable activities, the company deducts VAT based on a proportion coefficient.
Source: podatki.gazetaprawna.pl
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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