On July 30, 2020, the Netherlands requested the European Commission to be allowed to apply a measure that deviates from the normal VAT rules when deducting input tax. If this request is approved, it will be possible for the Netherlands to exclude from the right to deduct VAT on goods and services that are used by entrepreneurs for more than 90% other than for their business activities. In the meantime, the European Commission has assessed this request and has submitted a proposal for a decision authorizing the Netherlands to introduce such a special measure.
Source: BDO NL
Latest Posts in "Netherlands"
- Impact of 2027 Policy Change on Home Batteries and VAT for Solar Panel Owners
- Supreme Court to Decide Tax Status of Paved Parking Lot: Built or Unbuilt Land?
- VAT Implications for ‘Free’ Online Services: Legal Challenges and Potential Impact on SMEs
- Court Denies Tax Deduction for Family Business Succession Advisory Costs as Private Expenses
- No deduction of input tax for private advisory fees shareholders
