BusinessTaxWhen the tax authority asks
Do you use advertisements? And could we see them?
Does your company claim advertising costs as a tax-deductible expenses? Do you exercise the entitlement to VAT deduction? This is indeed possible. However, as the decisions of the Supreme Administrative Court show, it is necessary to provide proper (supporting) documentation during a tax audit to prove that the marketing services were actually rendered in accordance with the contract. The mere existence of invoices and signed contracts does not automatically establish the tax-deductibility of the costs.
Martin Pecha, David Krch a Josef Žaloudek · 8 January 2024
