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"
- MEPs Urge Simpler EU Tax Rules and Unified Tax ID to Boost Competitiveness
- European Parliament Debates Digital Services Tax Versus VAT Gap Solutions in Interparliamentary Meeting
- Applications Open for EU Member States to Host New EU Customs Authority
- ECHR: VAT Assessments in Italmoda Case Are Not Criminal Penalties Under Article 7 ECHR
- CFE Calls for Fundamental Reform of EU VAT Rules for Travel and Tourism Sector