The Luxembourg VAT authorities have clarified how taxpayers conducting mixed activities should calculate deductible input VAT. Taxpayers should review their accounting systems to ensure the treatment of transactions matches the VAT deduction method used.
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Building a transparent culture, prioritising internal promotions and being different from the big four are all key features of A&M Tax’s ambitious plans for India
But businesses should remain flexible when choosing between internal and external resources to handle added ViDA complexity, ITR’s Indirect Tax forum also heard