VAT deduction allowed only if there is a correspondence with the actual economic transaction

The mere possession of the invoice is not sufficient. VAT deduction depends on real economic correspondence, not just invoice possession. A recent case involved disputed invoices; a settlement resolved it. The taxpayer seeks VAT deduction without credit notes. The tax authority disagrees, citing EU directive and previous court decisions, emphasizing the importance of actual economic alignment with invoice representation.

Source: eutekne.info