VATupdate
Poland

Share this post on

Raising ecological awareness without the right to deduct VAT

Not every public benefit organization has the right to deduct input VAT. Even a foundation that works for free with the intention of educating society about closed-circuit waste management will not reduce the amount of tax due by the amount of input tax. All goods and services purchased by the foundation must be used to carry out project tasks, i.e. activities not subject to VAT.

Source Prawo.pl

Sponsors:

VAT news
VAT news

Advertisements: