The Zeeland-West-Brabant District Court ruled that X bv cannot deduct turnover tax on services for the sale of shares, as the sale was deemed a non-economic activity for X bv. However, part of the costs are exempted as intermediation services. The court also found that the services provided by two service providers are to be regarded as exempt intermediation services, despite the providers not being allowed to act in the name and on behalf of X bv. Therefore, X bv’s appeal is well founded.
Source Taxlive
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