VAT news tagged as "Neutrality"

United Kingdom

EU Judgement supports VAT neutrality principle

July 14th, 2012

The European Court of Justice has provided its judgement on 12 July in relation to a Bulgarian tax office disallowing input VAT deduction. The judgement, although not clearly definitive, opens the door for businesses to appeal against tight rulings precluding VAT neutrality. This can be the case when VAT accounting has been submitted late, because …