The main question is whether VAT can be reclaimed when a portion of the payments for a device credit is not received. The case involves a consolidated accounting approach where two entities, [B.V. 1] and [B.V. 2], are treated as a single taxable entity. The court decides that the link between the uncollectible debt and the transaction is economically and financially relevant. As [B.V. 1] and [B.V. 2] are part of a fiscal unity, they cannot be distinguished for VAT purposes. The court concludes that the claimant is entitled to a reduction in the taxable base. The court also discusses relevant EU VAT directives and jurisprudence to support its conclusion. The court’s decision leads to the cancellation of assessments and instructions for a refund.
Source: uitspraken.rechtspraak.nl
Latest Posts in "Netherlands"
- Adjustment of VAT deduction for services on immovable property: What can you still do?
- Government Responds to Questions on VAT Increase Impact Analysis for Accommodation
- Heijnen Maintains VAT Increase on Accommodation Despite Predicted Revenue Loss
- VAT due to number acquisition not deductible due to participation in fraud
- Dutch Government Responds to Questions on Reduced VAT for Culture Media Sports
