In order to apply the special apportionment
Posted: Thu Dec 26, 2024 5:08 am
The calculation does not take into account intra-community operations or subsidies, real estate or financial operations that do not constitute the usual activity of the business, exports, or self-consumption.
In each fiscal year, the prorated percentage of the previous year is provisionally applied and is regularized at the end of the year by calculating the final prorated amount.
Special apportionment
To calculate the special apportionment , the VAT incurred is classified into three groups:
VAT paid on activities that give rise to deductions, those that are subject to tax.
VAT paid on activities that do not give the right to deduction, those not subject to tax.
VAT paid on goods and services of both groups.
The VAT of the first france whatsapp number data group will be fully deductible; we will not deduct anything from the second and for the third we must obtain the deductible VAT by applying the general apportionment.
a request must be made to the Administration . The amount of the deducted tax borne, once the general apportionment has been applied, must not exceed 20% of that which would have resulted from applying the special apportionment.
How is the VAT apportionment rule applied in practice?
Let's suppose that a company carries out both taxable and VAT-exempt activities. If the percentage of income derived from taxable operations is 60% and the remaining 40% comes from exempt operations, that will be the proportion that will be used to deduct the VAT incurred on purchases and expenses. In other words, it will only be able to deduct 60% of the VAT paid on its acquisitions.
In each fiscal year, the prorated percentage of the previous year is provisionally applied and is regularized at the end of the year by calculating the final prorated amount.
Special apportionment
To calculate the special apportionment , the VAT incurred is classified into three groups:
VAT paid on activities that give rise to deductions, those that are subject to tax.
VAT paid on activities that do not give the right to deduction, those not subject to tax.
VAT paid on goods and services of both groups.
The VAT of the first france whatsapp number data group will be fully deductible; we will not deduct anything from the second and for the third we must obtain the deductible VAT by applying the general apportionment.
a request must be made to the Administration . The amount of the deducted tax borne, once the general apportionment has been applied, must not exceed 20% of that which would have resulted from applying the special apportionment.
How is the VAT apportionment rule applied in practice?
Let's suppose that a company carries out both taxable and VAT-exempt activities. If the percentage of income derived from taxable operations is 60% and the remaining 40% comes from exempt operations, that will be the proportion that will be used to deduct the VAT incurred on purchases and expenses. In other words, it will only be able to deduct 60% of the VAT paid on its acquisitions.