Greece Issues Circular on the Deduction of VAT Incurred Prior to Registration
The Greek Public Revenue Authority has issued Circular 1155 of 1 August 2018 on the deduction of input VAT incurred prior to a late VAT registration. The Circular clarifies that in cases where VAT registration is made retroactively, a taxpayer must file VAT returns for the relevant past periods and has the right to deduct the input VAT incurred in those periods in connection with their economi…
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