VAT exemption under the reconstruction framework: the Tax Administration publishes the list of entities with authorizations.

For implementation of Government Decree 143, dated February 13, 2020, “Procedures for Issuing Authorizations to Reconstruction Entities and for Exempting the Supply of Goods and Services from Value-Added Tax for the Purposes of the Reconstruction Process,” the Tax Administration continues issuing authorizations and fully monitoring this process. The government has launched the reconstruction process, which aims to mitigate the impact of the devastating November 26 earthquake that left thousands of families homeless. According to a previous government decision, entities that will be part of the reconstruction process will be exempt from Value Added Tax, in an effort to reduce costs. Recently, the General Directorate of Taxes published the list of taxpayers who have received the respective authorizations to benefit from this measure, stating that the list will be updated going forward. Source: General Directorate of Taxes and the Monitor.Download here Decision No. 143, dated February 13, 2020. We are here to help you and always make time to answer any questions you may have. Feel free to call or write at any time about any matters we can assist you with. Contact me