Delivery of residential premises without VAT and without the possibility of deducting input tax

The supply of residential premises constituting commercial goods will benefit from the VAT exemption. However, the outlays incurred in connection with the renovation of such premises will not result in their improvement in the tax sense, and thus it will not be possible to deduct the input tax resulting from the invoices documenting the costs of renovation of the premises.

Source Prawo.pl

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