The Tax Plan 2024 bill contains a proposal to amend the concurrency exemption in the OVB legislation in the sense that at least the levying of ovb (4%) takes place when new immovable property or rights to which it is subject via a (qualifying) shareholding if the underlying new immovable property is used for less than 90% for VAT-taxed services at that time or that occurs within two years after the moment of acquisition.
-
Application of transitional law
-
Masterclass real estate taxation
Source: www.taxence.nl
Latest Posts in "Netherlands"
- Netherlands Raises Accommodation VAT to 21%, Keeps 9% Rate for Culture, Media, and Sports
- Uncertainty Over VAT on Pension Premiums: State Secretary Maintains Policy Amid Conflicting Court Rulings
- Uncertainty Over VAT on Pension Premiums: State Secretary Maintains Policy Amid Conflicting Court Rulings
- Pension Administration Remains a Single VAT-Exempt Service Pending Supreme Court Decision
- State Secretary Rejects Court Rulings: Pension Premiums Remain VAT-Exempt Pending Supreme Court Decision
