- Deadline for VAT payment for 2023 is March 18, 2024
- Entities who assigned real estate to partners must assess if it affects VAT deduction correction or pro rata determination
- Correction or pro rata can impact VAT payments due for 2023
- Assignments of real estate to partners follow standard rules for VAT
- Exception for assignments where input tax deduction was not claimed
- Extra-business purpose of assignment should exclude pro rata if assigning company operates under taxable regime
Source: eutekne.info
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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