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By Bruno GASPAROTTO – Principal Stefania LOTITO FEDELE – Tax Associate, Arendt Medernach
The Court of Justice of the European Union (“CJEU”) has recently ruled on the long-standing right to deduct input VAT, referring in particular to the determination of this right in case of disproportion between costs and turnover(1).
The request has been made in proceedings between Amper Metal Kft. and Nemzeti Adó- és Vámhivatal Fellebbviteli Igazgatósága (the Hungarian Appeals Directorate of the National Tax and Customs Authority) concerning the latter’s refusal of the benefit of the right to deduct input value added tax (VAT) paid by Amper Metal (the “Company”), an Hungarian company active in the electrical installations sector...
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