In 2024, VAT payers were automatically refunded 2.5 billion lari of excess VAT, the Georgian Finance Ministry reported. To remind, the mechanism for automatic VAT refund was enacted in Georgia in 2020 ...

This is the first time I have come across this position so not familiar with it. A client bought a commercial vehicle and the seller/finance company agreed ...

Previously, for credit insurance covering the price of a supply including VAT, in so far as the credit insurer was subrogated in the rights of ...

China tax brief for January 2025, we spotlight policies and measures just announced or scheduled for implementation.

The new VAT law introduces several key changes including the scope of taxable transactions, clarification of "deemed sales", non-taxable items, ...

THE Supreme Court has provided further clarification on the deadlines for filing a claim for Value-Added Tax (VAT) refund ...

Hello, software company and currently developing a product. pre-revenue at the moment, so each vat return is a refund.

Judges of the Bucharest Court of Appeal approved on Wednesday, February 5, the prosecutors' request for the preventive arrest of five defendants in the case targeting real estate developer Nordis.

THE Supreme Court (SC) has issued a decision clarifying the prescriptive periods for filing value-added tax (VAT) refund claims with the Commissioner of Internal Revenue (CIR). In a decision penned by ...

THE Supreme Court (SC) ruled in favor of Dohle Shipmanagement Philippines Corp. (Dohle) in a value-added tax (VAT) case, in which it clarified the prescriptive periods for filing VAT refund claims ...

The Supreme Court (SC) has clarified the prescriptive periods for value-added tax (VAT) refund claims. In a 21-page decision, ...

The Supreme Court has handed a victory to Doehle Shipmanagement Philippines Corp. in a dispute over unutilized input ...