Timing of tax liability clarified: liability must be in the tax period containing the completion certificate issuance or first occupation. Clarifies the timing of tax liability for immovable property supplies by substituting language so that tax liability is recognized in the tax period that includes the date of issuance of the completion certificate by the competent authority or the date of first occupation, whichever is earlier, replacing the prior wording and streamlining the referent to taxable persons.
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Provisions expressly mentioned in the judgment/order text.
Timing of tax liability clarified: liability must be in the tax period containing the completion certificate issuance or first occupation.
Clarifies the timing of tax liability for immovable property supplies by substituting language so that tax liability is recognized in the tax period that includes the date of issuance of the completion certificate by the competent authority or the date of first occupation, whichever is earlier, replacing the prior wording and streamlining the referent to taxable persons.
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