- BV X was established on April 7, 2017, with A as the sole shareholder. Following an inspection, a tax assessment of €48,024 and a penalty of €24,012 were imposed, but the court reduced the assessment to €29,020 and dismissed the penalty. The court reasoned that while BV X was correctly identified as the performing entity from its founding date, the initial assessment incorrectly included pre-establishment turnover, and the penalty was unjustified due to a lack of evidence of intent or gross negligence, given the lack of clarity and expertise regarding VAT obligations.
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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