- The European Commission adopted a proposed decision on Croatia’s request to extend a derogation from certain articles of the VAT Directive
- The derogation restricts input VAT deduction rights on the purchase and lease of passenger cars and related goods and services
- The proposed decision extends the derogation until Dec. 31, 2027
- Any further extension request must be submitted to the Commission by March 31, 2027.
Source: news.bloombergtax.com
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.
