- The tax authority (AT) must refund excess VAT charged on an urban rehabilitation project after initially approving a lower rate.
- An arbitration tribunal ruled that binding information from the AT applies to both the taxpayer and the AT itself.
- The AT cannot retroactively change its position and charge a higher tax, even if later court rulings support the higher rate.
- The AT was ordered to cancel the additional tax assessment, refund over 375,000 euros, and pay compensatory interest to the taxpayer.
Source: jornaldenegocios.pt
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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