Refund of VAT on the acquisition of fixed assets (27 bis)
- The requirement to have an accumulated fiscal credit related to the acquisition of fixed assets is reduced from 6 to 2 consecutive tax periods (months).
- The time frame for the IRS to resolve this application is reduced from 60 days to 20 days from the date of receipt of the background information.
- The new general returns procedure is not applicable.
New general returns procedure
A sole general procedure for requesting VAT refunds is incorporated.