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VAT Compensation for Livestock Sales: January 2025 Updates

  • A farmer under the special agricultural, livestock, and fishing regime wants to sell cows for breeding to another farmer also under the special regime.
  • The compensation provided in the special regime of the tax does not apply to the delivery of investment goods or any goods used in the development of agricultural farms.
  • Agricultural entrepreneurs who make these deliveries will not be entitled to receive the lump-sum compensation for these operations, even if they have exclusively used these goods in the performance of activities to which the special regime applies.
  • Holders of farms to which the special agricultural regime applies will also not be entitled to receive compensation for deliveries made to entrepreneurs who are subject to this same special regime and who use the aforementioned products in the development of the activities to which they apply this special regime.
  • Therefore, the farmer will not be able to charge the tax to the buyers nor will he be entitled to receive lump-sum compensation for the sale of cows intended for breeding.

Source: audiconsultores-etlglobal.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.

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