The clarification explains that input tax deductions aren’t allowed, in cases of: 1) transfers of collateral assets for settlement of debts; and 2) specified company sales of assets to a trustee, under a resale clause.
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Sponsors:
The clarification explains that input tax deductions aren’t allowed, in cases of: 1) transfers of collateral assets for settlement of debts; and 2) specified company sales of assets to a trustee, under a resale clause.
Sources:
Sponsors:
