In a case involving a VAT group (FE) that leases machinery and properties, the son of the sole shareholder and director of the FE has a company engaged in metal galvanization. This company transfers its movable assets to the FE and charges VAT for the transaction. The movable assets are then immediately leased back to the company and used by them, essentially maintaining the same business operations. The FE claims VAT deduction, but the tax inspector argues that it constitutes a transfer of a going concern. The Zeeland-West-Brabant Court does not agree with the inspector’s position.
Source: fiscount.nl
Latest Posts in "Netherlands"
- Impact of 2027 Policy Change on Home Batteries and VAT for Solar Panel Owners
- Supreme Court to Decide Tax Status of Paved Parking Lot: Built or Unbuilt Land?
- VAT Implications for ‘Free’ Online Services: Legal Challenges and Potential Impact on SMEs
- Court Denies Tax Deduction for Family Business Succession Advisory Costs as Private Expenses
- No deduction of input tax for private advisory fees shareholders
