PUBLISHED BY Arlati Ghislandi
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Fuel card abolished from July 1st, 2018
21
Dec
2017

An approved amendment to budget law for 2018 changes taxation upon the purchase of fuel by subjects falling under VAT regulations, in the execution of business, arts or professions.

From July 1st, 2018, fuel cards will be abolished following the obligation to issue electronic receipt. Furthermore, deduction of sums spent for the purchase of fuel and of VAT will be allowed only if payment is traceable (via credit cards, bank cards and prepaid cards)