|  2012-12-06

VAT on demolition of old buildings can be recovered

The case went to the European Court of Justice after a Romanian company disputed tax adjustments imposed by the Romanian tax authorities

In 2007, this company acquired a land together with the buildings erected on it. At the same time, he was transferred to a demolition permit related to such construction. Under this authorization, the company decided to demolish a building in order to develop a residential complex. NAFA imposed the adjustment of VAT on demolished construction - VAT deducted at the time of purchase.

 

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TOP GROWING AND TRADING OF AGRICULTURAL RAW MATERIALS COMPANIES (2014)
Scoring Methodology by ERNST&YOUNG


 
#
COMPANY NAME
MCR TOTAL SCORING
 
1 ADM ROMANIA TRADING SRL 4,1375
2 AMEROPA GRAINS SA 4,0125
3 GLENCORE PROTEIN ROMANIA SRL 3,9875
4 CHS AGRITRADE ROMANIA SRL 3,9875
5 BRISE GROUP SRL 3,8500
6 NIDERA ROMANIA SRL 3,8000
7 AGRICOVER SRL 3,7250
8 INTERAGRO SRL 3,6875
9 INTERAGRO SA 3,5750
10 CARGILL AGRICULTURA SRL 3,4750