Tax Stories: EU Court – VAT invoice issued late? No problem!

A ECJ judgement has been issued in a VAT case. Thus, the Latvian law on the timing of input tax deduction is contrary to the EU VAT Directive. The result will improve companies’ cash flow.

Contents:

• What did the ECJ say?
• Latvian law is contrary to the VAT Directive
• What are the consequences?

Read the full story by tax expert Jānis Taukačs here.