VAT EXEMPTION FOR PROJECTS RUN BY THE EDA : NEW INCENTIVE FOR DEFENCE COOPERATION

Source: European Defence Agency BRUSSELS —Member States can as of now profit from VAT exemption for projects run by the European Defence Agency (EDA). The recently adopted revised Council Decision defining the statute, seat and operational rules of the EDA includes the clause that cooperative defence projects and programmes are exempt from VAT as long… Continue reading VAT EXEMPTION FOR PROJECTS RUN BY THE EDA : NEW INCENTIVE FOR DEFENCE COOPERATION