The Tax and Customs Administration considers Advanced Therapy Medicinal Products (ATMPs), such as cell and gene therapy products, to be medical products. This means that the reduced VAT rate of 9 percent for medicines also applies to ATMPs.
Source: taxlive.nl
Latest Posts in "Netherlands"
- Netherlands Proposes Raising VAT on Ornamental Horticulture from 9% to 21%
- No deduction of input tax without substantiation with sound invoices
- VAT Deduction Dispute Over Hospice Services and Room Rental
- Netherlands Sets 2030 Deadline for Mandatory B2B E-Invoicing
- VAT Input Tax Deduction for Construction of a Low-Care Hospice
