Translation of "Input vat deduction" in German

By blocking input tax deduction, VAT is actually taxing financial and insurance services.

Correction of the VAT treatment of transactions carried out before the registration and input VAT deduction is available in some instances.

When providing such supplies, the supplier does not charge VAT on the invoice, and the obligation to assess the VAT is transferred to the recipient (VAT payer), who may claim the input VAT deduction upon compliance with legal requirements.

The possibility of a retrospective invoice correction means that input VAT deduction can be legitimated in the year of the original (incorrect) invoice.

However, where services are provided from within the Community in order to be consumed outside it, they should not be taxed and input VAT must be deductible.

The Hungarian system increases the VAT burden of taxable persons where, in periods of high investments for example, the amount of input VAT exceeds deductible VAT.

The Portuguese Government submits that the input VAT paid is deductible only with regard to transactions effected in the framework of business activity and that the investment formula is the more appropriate method of apportionment.

Industrial, commercial and other customers who are entitled to deduct input VAT can deduct VAT when calculating their own tax liability.

Seeing that the current VAT rate for this type of service in Croatia amounts to 13.00 %, VAT is not a heavy burden, with another advantage of the possibility of input VAT deductions from invoices issued.

With regard to the other question, the Court stated that where the second supply in a chain of two successive supplies involving a single intra-Community transport is an intra-Community supply, the principle of the protection of legitimate expectations must be interpreted as meaning that the person ultimately acquiring the goods, who wrongly claimed a right to deduct input VAT, may not deduct, as input VAT, the VAT paid to the supplier solely on the basis of the invoices provided by the intermediary operator which incorrectly classified its supply.

Exempt Supplies Exempt supplies for which input VAT cannot be deducted include postal services, financial and insurance services, educational services, radio and TV broadcasting services, health and social services, the supply and lease of real estate (with some exceptions), and lotteries and similar games.

It would also appear that 'input VAT' is deducted in accordance with an objective criterion, namely, 'the rate applicable in the Member State within which the place of the supply to the taxable dealer, determined in accordance with Article 8, is deemed to be situated', a criterion which has no regard to the origin of the product and is applied without distinction to all dealers subject to Danish VAT legislation and to all used vehicles resold in Denmark.