Update of Dutch VAT Decree for Immovable Property: Key Amendments and Implications

• The Dutch Ministry of Finance has published an updated version of the Dutch VAT decree for immovable property.
• The decree includes an option for a VAT taxable lease, with specific conditions for validity.
• Service charges for commercial real estate are generally subject to VAT, while residential real estate is VAT exempt.
• The decree treats services for which charges are invoiced as independent and subject to VAT.
• The first usage of new real estate determines the application of certain exemptions and whether the sale is subject to VAT.
• Property transformation is addressed in the decree, incorporating Dutch Supreme court cases.

Source: alvarezandmarsal.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.

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