VATupdate

Share this post on

ABB Exemption and Zero Rate for Solar Panels and Wind Turbines in the Caribbean Netherlands

  • Tax Law BES includes exemption and zero rate for ABB on solar panels and wind turbines
  • Previously, import, supply, and installation of solar panels and wind turbines in Caribbean Netherlands were subject to ABB
  • Both entrepreneurs and private individuals could not reclaim ABB through tax return
  • Dutch government aims to stimulate investments in solar panels and wind turbines in Caribbean Netherlands
  • Goal is to treat Caribbean Netherlands similarly to European part of Netherlands in terms of taxation.

Source: hbnlawtax.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

Sponsors:

VAT news
VAT news

Advertisements:

  • AXWAY - VATupdate Banner