European Union – Value added tax. Articles 167, 168, 184, 185 and 187 of Council Directive (EC) 2006/112 should be interpreted to the effect that they precluded national legislation which provided for the adjustment of the VAT initially deducted on the ground that a property, for which the right to opt for taxation had been exercised, was regarded as no longer being used by the taxable person for the purposes of its own taxed transactions. The Court of Justice of the European Union so held in proceedings concerning the adjustment of deductions of VAT made by the taxpayer company in the course of its activities of buying, selling, letting and managing immovable property.