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.
