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Kambourov & Partners Successful in VAT Dispute in European Court of Justice

Kambourov & Partners Successful in VAT Dispute in European Court of Justice

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Kambourov & Partners has successfully represented Iberdrola Inmobilaria before the the European Court of Justice in a case involving the general rules for deduction of VAT credit in cases of investment in public infrastructure.

According to Kambourov & Partners, "the decision is of significant importance not only for the client, but also for the general investment climate in Bulgaria. The ECJ accepted that a taxable person has the right to deduct input value added tax in the context of its economic activity, even when a third party enjoys the results of the services free of charge."

The Kambourov & Partners team was led by Partner Todor Todorov, supported by Associate Zahari Naumov.

Bulgaria Knowledge Partner

Schoenherr is a leading full-service law firm providing local and international companies stellar advice that is straight to the point. With 15 offices and 4 country desks Schoenherr has a firm footprint in Central and Eastern Europe. Our lawyers are recognised leaders in their specialised areas and have a track record of getting deals done with a can-do, solution-oriented approach. Quality, flexibility, innovation and practical problem-solving in complex commercial mandates are at the core of our philosophy.

Firm's website: www.schoenherr.eu

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