This ruling means that notary offices that have earned positive interest income in the years 2017 up to and including the present run an additional assessment and penalty risk if they have fully deducted the VAT charged. In addition, if the interest income in a year amounts to more than 10% of the turnover, there may be a risk that the Tax and Customs Administration takes the position that the purchase or lease of a property has wrongly opted for a taxed delivery or taxed rent (including a possible claim from the seller or lessor for the resulting VAT review damage).
Source: btwinstituut.nl
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