- Taxpayers adhering to the CPB benefit from exemption from the compliance visa for VAT credit compensation up to €70,000 per year, one year earlier than those under the standard ISA regime.
- These benefits apply regardless of the taxpayer’s fiscal reliability score if they accept the tax authority’s proposal, unlike the ordinary ISA regime.
- The ISA reward regime also grants exemption from the compliance visa or guarantee for VAT credit compensation or refunds up to €70,000 per year.
- The practical application of this exemption is affected by the misalignment of deadlines between VAT and income tax declarations, causing a one-year delay in benefiting from the exemption.
Source: eutekne.info
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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