In the case of payments made with corporate cards, VAT payers should be allowed to deduct the VAT amounts reflected on the cash register receipt

According to the current provisions of the Tax Code, in cases of cash payments (including card payments) for the purchase of goods, works, or services, the acquiring party may not deduct the VAT amount. Considering that transactions between two businesses can only be carried out in a non-cash manner, the likelihood of abuse is almost eliminated; however, the purchasing party, having paid the VAT included in the price of the goods or services, is still unable to deduct it.

It is proposed to allow the purchasing party to deduct the VAT on the acquired goods (work, or services) in cases where the cash register receipt includes the purchaser’s taxpayer identification number (TIN).