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Escapes Vat because the Rule Is so Vague
Summary by Kringvarp Føroya
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1 Articles
The authority to charge VAT for electric cars from 1 April to 31 December last year is both unclear and ambiguous. Therefore, a car owner who imported an electric car from Norway in November last year is exempt from paying ISK 10,200. in value added tax. This is what the Board of Appeal says. The Board of Appeal points out that the law both says that a value added tax should be charged and that electric cars and hydrogen cars should not pay. …
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