Deadline extension for the application of the limitation of VAT deduction right for car-related expenses

13/11/17

In brief

Deadline extension for the application of the limitation of VAT deduction right for car-related expenses.

 

In detail

Council Implementing Decision (EU) 2017/2012 was published on 10 November 2017, authorising Romania to extend the deadline for the application of the limitation of VAT deduction right for car-related expenses, as of 1 January 2018 until 31 December 2020.

[Source: Council Implementing Decision (EU) 2017/2012 dated 7 November 2017 amending Implementing Decision 2012/232/EU authorising Romania to apply measures derogating from Article 26(1)(a) and Article 168 of Directive 2006/112/EC on the common system of value added tax, published in Official Journal of the European Union No. L292 dated 10 November 2017]

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Ionut Simion

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Daniel Anghel

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Diana Coroaba

Partner, Tax Services, Romania

Ionut Sas

Partner, Tax Services, Romania

Contact us

Ionut Simion

Country Managing Partner, Romania

Daniel Anghel

Partner, Tax and Legal Services Leader, Romania

Diana Coroaba

Partner, Tax Services, Romania

Ionut Sas

Partner, Tax Services, Romania

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