.. The BV activates the loan and the kitchen furnishings on its balance sheet and deducts the invoiced VAT. In 2014, the kitchen equipment is transferred to the restaurant for the original purchase price, but without VAT. Wrongly, the inspector believes and he imposes an additional assessment.
Source: fiscount.nl
Latest Posts in "Netherlands"
- VAT and School Building Transfers: Economic Activity, Consideration, and Legal Certainty in Dutch Case Law
- New policy note on intermediation in share transactions
- No Excuse for Unpaid VAT Without Filing Invitation; Fine Upheld but Reduced to €1,500
- No VAT Deduction for Exempt Rental by Partnership to BV, Court Den Bosch 2025
- Penalty for payment of additional VAT assessment reduced due to incidental negligence
