Tax & Legal

Categories: All (2 found)

1. 08.03.2019

   Input tax deduction for advance payment despite non-delivery ...

   The purchaser of thermal power units, which were not delivered due to fraud, shall not be denied the right to deduct input tax from an advance payment if the supply appeared to be certain at the time of payment. In three decisions, the Supreme Tax Court follows a judgment of the European Court of Justice (ECJ), to which it has referred the cases earlier for a preliminary ruling.

   Categories: Supreme Tax Court cases

   Keywords: fraudulent supplier, input VAT deduction ...
2. 11.02.2014

   Input tax from fraudulent supplier

   The finance ministry has issued a decree on supplies from a fraudulent supplier to the effect that the input tax is deductible if the recipient did not know of the fraud and otherwise acted in good faith with due care.

   Categories: Official Pronouncements

   Keywords: input tax, fraudulent supplier, good fai ...