GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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11:29 Oct 1, 2009 |
Serbo-Croat to English translations [PRO] Bus/Financial - Law: Taxation & Customs / VAT recovery | |||||||
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| Selected response from: Miomira Brankovic Serbia Local time: 04:20 | ||||||
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Summary of answers provided | ||||
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4 +3 | VAT prepayment |
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VAT prepayment Explanation: An exemption means that tax for the transactions should not be charged and that prepaid VAT attributable to those transactions cannot be deducted. http://www.expatax.nl/vatrules.htm |
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