Signatures for VAT

16-Dec-2005 Intellasia | 14/Dec/2005 General Department of Taxation | 4:05 PM Print This Post

Under a letter by the General Department of Taxation, a business is allowed to deduct value added tax for invoices where the buyer is not the owner of a business and invoices that do not have the signature of the buyer if other criteria is fulfilled, the buying of goods and services is genuine, and accounting is fully carried out. However, the business must have al relevant receipts.
[Official Letter 4445/TCT-DNL dated December 6 2005]

 

Category: Legal

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