Poorly organized VAT refund system represents operational (Failure in fulfilling all claims within defined deadlines) as well as fiscal risk (accumulation of large stock of overpaid amounts in the long run subject to refund immediately or at a later period and theoretically claimable within the...

Poorly organized VAT refund system represents operational (Failure in fulfilling all claims within defined deadlines) as well as fiscal risk (accumulation of large stock of overpaid amounts in the long run subject to refund immediately or at a later period and theoretically claimable within the...