- irrecoverable input VAT
- VAT input tax paid on items acquired in order to produce exempt supplies
Accounting dictionary. 2014.
irrecoverable input VAT
Look at other dictionaries:
input tax — Value added tax paid by a taxable person on purchasing goods or services from a VAT registered trader. The input tax, excluding irrecoverable input VAT, is set against the output tax in order to establish the amount of VAT to be paid to the tax… … Accounting dictionary
input tax — Value added tax paid by a taxable person on purchasing goods or services from a VAT registered trader. The input tax, excluding irrecoverable input VAT, is set against the output tax in order to establish the amount of VAT to be paid to the tax… … Big dictionary of business and management
option to tax — election to waive exemption An irrevocable election made by a landlord to charge value added tax on exempt supplies of buildings (rents). This enables the otherwise irrecoverable input VAT on costs relating to the property to be reclaimed by the… … Accounting dictionary
Н — Наблюдаемые входные данные — см .Ненаблюдаемые входные данные Наблюдатель [ analyst, observer] Наблюдение экономических явлений [economic observation] Наблюдения [observations] … Экономико-математический словарь
