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LUND UNIVERSITY LIBRARIES

Adjustment of output VAT in EU law

Greenbaum, Inger LU (2014) HARN60 20141
Department of Business Law
Abstract
The VAT Directive does not include any provisions for the issuer of invoice to be able to adjust invoices issued incorrectly. Neither is there a provision pointing out conditions to be complied with in order to adjust VAT charged correctly. This article examines possibilities under which it is possible for the issuer of invoice to correct output VAT in case of non-payment of consideration.In times of economic difficulties, the topic of the adjustment of output VAT is of considerable significance. It is vital for businesses to be able to adjust both, incorrectly charged VAT, let alone VAT charged correctly, but for reasons out of control of taxable person not paid to him.
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author
Greenbaum, Inger LU
supervisor
organization
course
HARN60 20141
year
type
H1 - Master's Degree (One Year)
subject
keywords
output VAT, adjustment, incorrectly, correctly, good faith, risk of loss of tax revenue, unjust enrichment, fiscal neutrality, character of VAT
language
English
id
4456347
date added to LUP
2014-06-16 16:29:22
date last changed
2014-06-16 16:29:22
@misc{4456347,
  abstract     = {{The VAT Directive does not include any provisions for the issuer of invoice to be able to adjust invoices issued incorrectly. Neither is there a provision pointing out conditions to be complied with in order to adjust VAT charged correctly. This article examines possibilities under which it is possible for the issuer of invoice to correct output VAT in case of non-payment of consideration.In times of economic difficulties, the topic of the adjustment of output VAT is of considerable significance. It is vital for businesses to be able to adjust both, incorrectly charged VAT, let alone VAT charged correctly, but for reasons out of control of taxable person not paid to him.}},
  author       = {{Greenbaum, Inger}},
  language     = {{eng}},
  note         = {{Student Paper}},
  title        = {{Adjustment of output VAT in EU law}},
  year         = {{2014}},
}