On Friday, April 9, 2021, the Supreme Court ruled that transfer tax is payable for the acquisition of shares in a ‘real estate legal entity’, even if it only concerns the acquisition of the legal ownership of the shares that is not accompanied by any economic interest in the shares and / or the underlying real estate. The Supreme Court bases its judgment on a formal interpretation of the term ‘interest’ in the Law on taxation of legal transactions and thus judges differently from Hof ’s-Hertogenbosch that on 24 January 2020 attributed an economic meaning to the term’ interest.
Source Meijburg
Latest Posts in "Netherlands"
- VAT revision on real estate services from 2026
- No VAT deduction on vacant property if estate agent is instructed to rent out ‘short-stay’
- Hospice Services Taxed at 21% VAT; Renovation VAT Deductible, Not Medically Exempt
- Tax Administration’s Unclear Communication Leads to Court Fee Reimbursement
- France will introduce a handling fee allowance on e-commerce as of 1 March 2026
