- CNDCEC and FNC examined the discipline of VAT variations in bankruptcy procedures
- Anticipation of recovery of unpaid VAT by the seller or lender is allowed
- Seller or lender can make the variation from the date the buyer or client is subjected to a procedure
- Variation must also cover the consideration not received by the seller or lender
- Variation can be issued from the bankruptcy judgment or within the deadline for filing the VAT return
- The variation should only refer to the unsatisfied part of the credit
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.
