VAT bad-debt relief complicates company restructuring proceedings

Businesses undergoing restructuring proceedings are increasingly running into conflict between the VAT bad-debt relief obligation and the core aim of restructuring — avoiding bankruptcy. The requirement to pay additional VAT liabilities arising from unpaid debts to contractors is complicating the restructuring process.

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More on this topic

📈 Business Campervan VAT deductions: 50% or 100% — when each rule applies Rzeczpospolita · 2d ago 📈 Business Invoice Before Delivery: When to Account for VAT on Intra-EU Acquisitions Rzeczpospolita · 2d ago 📈 Business Patient transport is a separate VAT service, not part of a medical package Rzeczpospolita · 2d ago