- The EU Council is considering extending Croatia’s 50% VAT deduction on passenger car purchases
- The General Secretariat of the Council of the European Union has requested the Permanent Representatives Committee to encourage the Council to adopt a Proposal for a Council Implementing Decision
- The Proposal seeks to deviate from articles 168 and 168(a) of the VAT Directive to allow Croatia to limit the right to deduct VAT on purchasing or leasing passenger cars and related goods and services
- The European Commission submitted a proposal on 9 September 2024, with no objections raised within the Working Party on Tax Questions
- The Permanent Representatives Committee is invited to suggest that the Council adopt the Implementing Decision and agree on its publication in the Official Journal.
Source: regfollower.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.
