- Tax authorities recognize creditors’ rights to recover VAT in bankruptcy agreements.
- Creditors included in such agreements can claim VAT refunds.
- This acknowledgment clarifies VAT treatment during bankruptcy proceedings.
- The measure aims to support creditors’ financial interests.
- It may improve the efficiency of bankruptcy settlements.
Source: research.ibfd.org
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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