Recently, the Supreme Court ruled on the question of whether a warehousekeeper was entitled to deduct import VAT in respect of a consignment of stolen nickel of which he was not the owner.
In accordance with the Weindel case, the Supreme Court rules that the import VAT may not be deducted, unless the warehouse owner can show that the cost price of the stored goods that have been stolen is included in the price charged for the storage services.
Source: BDO
Latest Posts in "Netherlands"
- Guidelines for New VAT Rules on Mixed-Use Properties Effective from July 2025
- 7 Tips to Speed Up VAT Return Processing and Minimize Delays
- VAT Increase on Hotels Could Lead to Billions in Losses for Tourism Sector
- Proposed VAT Increase on Tourism Yields No Net Gain, Faces Parliamentary Vote
- No VAT Deduction for Family Business Succession Advisory Costs, Court Rules Against A BV
