VATupdate

Share this post on

Lot of nickel designated as working capital: VAT on purchase deductible

The Zeeland-West-Brabant District Court ruled that the purchase of a batch of nickel is management of the company’s working capital. This is directly related to economic activity. The VAT on the purchase of the nickel is therefore deductible.

Source Taxlive.nl

Sponsors:

VAT news
VAT news

Advertisements:

  • AXWAY - VATupdate Banner