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Europe Daily Bulletin No. 10643

28 June 2012
Contents Publication in full By article 37 / 37
COURT OF JUSTICE OF THE EU / (ae) cjeu
Clarification on refusal to deduct VAT

Brussels, 27/06/2012 (Agence Europe) - The deduction of value added tax (VAT) cannot be refused, in principle, because of irregularities committed by the issuer of the invoice. However, that deduction must be refused if the taxable person knew, or ought to have known, that the transaction relied on as a basis for the right to deduct was connected with fraud. With this judgment, delivered on two joined cases on 21 June, the Court of Justice of the EU, to which questions had been addressed by...

Contents

ECONOMY -FINANCES - BUSINESS
INSTITUTIONAL
SECTORAL POLICIES
EXTERNAL ACTION
SOCIAL AFFAIRS
COURT OF JUSTICE OF THE EU