- The European Court of Justice (ECJ) issued a preliminary ruling on Hungarian input VAT deduction rights for intra-Community acquisitions.
- Aptiv Services Hungary was denied input VAT deductions for 2016 and 2018 purchases, as invoices were only provided in 2021.
- Hungarian tax authorities stated deductions could only be claimed via corrected returns, but the correction period had expired for some purchases.
- The ECJ clarified the application of EU Directive 2006/112/EC regarding VAT deduction rights in such cases.
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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