VATupdate
netherlands

Share this post on

Auction house owes VAT from commissions and premiums

The Supreme Court recently ruled in a case in which an auction house auctioned used household goods, art and antiques and the like and charged a fee for this to both the seller (commission) and the buyer (buyer). It follows from this judgment that an auction house owes VAT on both the commissions and the premiums it charges.

Source BTW Instituut

Sponsors:

Advertisements:

  • VAT LG Logo