- The European General Court (EuG) ruled that national regulations cannot postpone input VAT deduction to a later tax period solely because the invoice is received after the supply period, as long as the invoice is available before the VAT return is filed.
- The right to deduct input VAT arises when the material requirements are met, not just when the invoice is received.
- The possession of an invoice is a formal requirement for exercising the right, but not for its creation.
- The decision emphasizes the principles of VAT neutrality, effectiveness, and proportionality under EU law.
Source: ebnerstolz.de
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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