Notaries are legally obliged to maintain a trust account. Money from clients and third parties is temporarily managed on this account. The District Court of Noord-Holland recently ruled that receiving interest on this account can lead to a limitation of the VAT deduction. What are the consequences for your notary office?
Source: fiscaalvanmorgen.nl
Latest Posts in "Netherlands"
- Supreme Court Rules GP’s Services to Foundation Not Exempt from VAT
- Dutch Supreme Court Ruling: VAT Exemption on Integrated Primary Care Services by General Practitioners
- Court Ruling on Zero Rate Conditions for Second-Hand Car Sales and Fraud Penalties
- Dutch Government Proposes VAT Obligation for Digital Platforms Starting July 2028
- Dutch Supreme Court Rules GP Services to Partnership Not Exempt from VAT
