- Low VAT correction for private use of company car not applicable for leased cars
- Company leased VW Golf to director without charge, triggering VAT correction
- Company wanted to use 1.5% VAT correction, but tax authority approved 2.7% instead
- Court sided with tax authority, stating conditions for lower VAT correction not met for leased cars
Source: taxence.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.
Latest Posts in "Netherlands"
- Submitted audit files in the event of multiple tax fraud do not fall under informal privilege of advisers
- No VAT Deduction for Invoices After Third-Party Attachment in Transport BV Case
- Amsterdam Court: Compensable VAT May Be Included in Municipal Levy Cost Calculations
- No Right to VAT Deduction for Invoiced Services Without Proof of Supply
- Compensable VAT in Municipal Fees Does Not Breach Revenue Limit
