- Luxembourg confirms rules for VAT deduction on general expenses
- Judges uphold position of AEDT on VAT deduction for general expenses
- Company must prove direct and immediate link between expenses and taxable economic activity
- Company bears burden of proof and must maintain detailed documentation on general expenses
- Vague descriptions on invoices will no longer allow for VAT deduction
Source: easytax.co
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.
