- European Court of Justice issued a preliminary ruling on Italian input VAT deduction rules
- Case involved an Italian company in the wine production and marketing industry
- Italian Tax Authority refused VAT deduction claiming the company was non-operational
- ECJ ruled that transaction values cannot determine taxable person status
- Legislation cannot deny input VAT deductions based on insufficient output VAT transactions
Source: news.bloombergtax.com
See also
- Join the Linkedin Group on ECJ VAT Cases, click HERE
- VATupdate.com – Your FREE source of information on ECJ VAT Cases
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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