Highgate Law & Tax: failure to allow VAT deductions can put a business on the back foot. Peter Varga’s statement for HOSPODÁRSKE NOVINY
In practice, there are several reasons for not granting the right to deduct VAT. The standard ones are that the entity on the invoice did not make the supply, it has not been proven that the supply was made, there was an unjustified tax advantage or there was tax evasion. Or a combination of these. […]
