04. August 2015 Builders to treat customer retentions as bad debts The finance ministry has decreed that builders may reduce their taxable turnover by the amount of a customer retention that cannot be collected for two to five years, unless they could have satisfied their customer’s need for security with a bank guarantee. Kategorien: Official PronouncementsSchlagwörter: builder, building, customer retention
12. März 2014 Building trade reverse charge only on inputs for building ou ... The Supreme Tax Court has held that the reverse charge in the building trade presupposes that the business customer uses the inputs for his own turnover in building works and services. Kategorien: Supreme Tax Court casesSchlagwörter: reverse charge, builder, building
20. Januar 2014 Project consideration in a public/private partnership split ... The Supreme Tax Court has upheld a lower court decision to the effect that the payments to the project partner within a public/private partnership can be split between repayment of principal (payment for the capital investment) and VAT-free interest. This split is possible, even if the exact amounts are not known when the contract is signed. Kategorien: Supreme Tax Court casesSchlagwörter: public/private partnership, builder, cap ...
