ECJ C-248/20 – Commentary: Should all input VAT be repaid immediately if a planned real estate project is abandoned?

In a recent CJEU case, Skellefteå Industrihus (“the Company”), planned to construct a building to be used for offices which were intended to be leased. On this basis, the Company applied for, and was granted, the right to benefit from the optional tax liability scheme as from November 2012 allowing it to reclaim VAT incurred on development costs.

Source Grant Thornton

See also ECJ C-248/20 (Skellefteå Industrihus) – Order – Input VAT should not be repaid immediately if a planned real estate project is cancelled