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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But businesses should remain flexible when choosing between internal and external resources to handle added ViDA complexity, ITR’s Indirect Tax forum also heard
The new managing director of R&D tax relief consultancy ForrestBrown tells ITR about his priorities for the business, where he’s focusing his time and what makes tax cool