OrbitaxCJEU Holds Bulgaria May Impose Default Interest in Relation to Joint and Several Liability for VAT Obligations
|Approved Changes|Bulgaria-European Union
The Court of Justice of the European Union (CJEU) issued a judgment on 20 May 2021 regarding joint and several liability under Bulgaria's VAT law. Under the VAT law, customers can be held jointly and severally liable for VAT obligations of third parties in certain cases. This includes that a registered person who is the recipient of a taxable supply will be liable for unpaid tax due from anoth…
Continue Reading
