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Hedge did not qualify for VAT reduction

BV X had a DBFM agreement with the Ministry of Infrastructure and Water Management for the construction and maintenance of the HSL-Zuid.BV X invoiced availability fees including VAT to the ministry.The availability fees were compensation for the extent to which the HSL-Zuid was available for use.The amount of the availability fee was determined, among other factors, by the financing of the construction of the HSL-Zuid.

Source: futd.nl

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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