Vittamed is a Lithuanian company that was engaged in scientific research and its application. In 2012 and 2013 it purchased various goods and services with the objective of developing a prototype of a medical diagnostic and monitoring device which it would then market, deducting the associated VAT in accordance with its planned future taxable activity.
Source Deloitte
Join the Linkedin Group on ECJ VAT Cases, click HERE
Latest Posts in "European Union"
- EU Seeks Feedback on Revising VAT E-Invoicing Rules for Harmonization and Interoperability
- Incoterms and EU VAT: Essential Rules for Accurate Cross-Border Trade Compliance
- Control Is Becoming Real-Time
- Comments on C-513/24 (Oblastní nemocnice Kolín) – Obligation for the presence of goods in hospital not decisive for VAT deduction
- EPRS Report: Targeting VAT Fraud: How the Reverse Charge Mechanism Protects EU Revenues
