- The Finnish Tax Administration released a preliminary ruling clarifying VAT deductions for tramway project planning activities.
- The taxpayer was responsible for the implementation plan phase, enabling the project to move to construction.
- The taxpayer would receive VAT-subject compensation for the use of tram infrastructure and equipment.
- The Central Tax Board clarified the VAT treatment of planning activities related to the project.
Source: news.bloombergtax.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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