- Input VAT deduction requires a taxable domestic transaction.
- Intra-community supplies are tax-exempt and exclude input VAT deduction, even if VAT was wrongly charged and paid.
- Wrongly charged VAT creates a tax liability for the issuer, which must be corrected by invoice adjustment.
Source: leitnerleitner.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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