By DRS. JAN PLAT – PARTNER AND VAT ADVISOR AT CONTAXUS BELASTINGADVISEURS
The distinction between operational lease and financial lease for VAT purposes seems quite simple. With operational lease, ownership rests with the lessor and with financial lease with the lessee. An operational lease is a rental service subject to VAT, while with a financial lease no VAT is charged on the lease instalments, but VAT is calculated on the delivery of the business asset to the lessee.
Source: nextens.nl
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