The District Court of The Hague recently ruled that services performed by an M&A advisor qualified as VAT exempt intermediary services in a sale of shares. In addition, the Court ruled that the VAT on other disposal costs incurred by the target company (the target) was partly deductible. In practice, the VAT treatment of disposal costs often leads to discussions. This ruling provides the M&A practice with concrete guidance (at least for the time being).
Source: loyensloeff.com
