input tax apportionment

Reimbursement of input tax by the tax authority: repayment of the value-added tax (VAT) that a business has paid on purchases (input tax), typically t...

The right of a business to offset the VAT it has paid on purchases (input tax) against the VAT it charges on sales, thereby reducing its net VAT liabi...

A VAT mechanism that allows businesses to deduct the input VAT paid on purchases (inputs) from the output VAT charged on sales, thereby netting the ta...

Reduction of the deductible input VAT amount, for example when a business may claim only part of the input VAT or none at all, commonly in cases of mi...

The VAT input tax refund is a claim to the tax authorities for the value-added tax paid on purchases and input services used for taxable activities, w...

A formal claim to the tax authorities for the reimbursement or refund of input VAT (the value-added tax paid on purchases that is deductible against t...