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When does ‘parking’ purchase VAT become an expensive postponement?

As an entrepreneur, be alert to the purchase VAT and ensure that the purchase VAT is deducted in the correct period. Recently, the European court has delivered an important judgment, especially for situations in which projects are prepared and started, which extend over several years. In this case, years later, the taxpayer was unable to deduct the VAT not deducted via the so-called revision.

Source Moore-mth

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