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Fire victims will deduct losses in PIT, it may be more difficult with VAT

Entrepreneurs injured as a result of the fire will deduct the related losses. The condition set by the tax office that the possibility of deduction applies to fortuitous events beyond the control of the taxpayer has been met. According to experts, the victims should also be able to deduct VAT on goods that have burned. However, if they receive compensation, as a rule, it will be income for them.

Source Prawo

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