- Rental of immovable property is usually exempt from VAT
- Option to choose VAT-taxable rental under certain conditions
- Benefits of VAT-taxable rental include right to input tax deduction and liquidity advantage
- Conditions for VAT-taxable rental include property not being used as a residence, tenant using property for VAT-taxable activities, and agreement between landlord and tenant
- Once opted for VAT-taxable rental, cannot be reversed unless conditions are no longer met
- Failure to meet conditions results in rental being exempt from VAT with consequences for input tax deduction
- Option for VAT-taxable rental must be invoked within three months of rental start to avoid retroactive VAT exemption
- Check if all conditions for VAT-taxable rental are met before starting or continuing rental of property
Source: crop.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.
