Under certain conditions (ownership of capital), groups of companies may opt for centralisation (at the level of the head company) for the payment of VAT due by all (or only some) of the companies that are members of the group or, where applicable, the reimbursement by the administration of tax credits. In practice, the consolidation regime applies from the first day of the first financial year following the formulation of the option.
The consolidation of VAT payment regime works as follows:
- Ìý
•ÌýÌýÌýÌý The member companies of the group (including
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