VATupdate

Share this post on

Inclusion on the balance sheet of transferred kitchen furnishings leads to additional VAT assessment

.. 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

Sponsors:

VAT news

Advertisements:

  • VAT LG Logo
  • VATupdate.com
  • AXWAY - VATupdate Banner