Late invoices do not void the right to deduct VAT, ECJ rules

By Joseph Boris (Oct 21, 2021, 6:27 p.m. EDT) – Shallow and late invoices from a supplier do not negate a company’s right to deduct value-added tax and claim a refund, the most recent said on Thursday. high court of the European Union. in a decision in favor of a French manufacturer of industrial pumps.

A panel of the European Court of Justice said EU rules require national VAT deadlines to begin only after a taxpayer has an invoice in hand, and that he cannot be held responsible when ‘a supplier sends an invoice that is late or with missing information.

The judges’ decision was largely in line with the non-binding opinion submitted in April by the General Counsel of the ECJ in the case, Juliane Kokott. In…

Stay one step ahead

In the legal profession, information is the key to success. You need to know what’s going on with customers, competitors, practice areas, and industries. Law360 provides the intelligence you need to stay an expert and beat the competition.

  • Access to case data in articles (numbers, filings, courts, nature of prosecution, etc.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, requests, etc.
  • Create personalized alerts for specific case articles and topics and more!

TRY LAW360 FREE FOR SEVEN DAYS

About Natalee Broderick

Natalee Broderick

Check Also

Trends and tax purposes in 2022

The new year aoffstarted here, and it would be prudent to start the year off …

Leave a Reply

Your email address will not be published. Required fields are marked *