- The delivery of building plots with development obligations establishes VAT entrepreneurship. In 2015, a woman acquired a property, later agreeing with the municipality in 2019 to develop four building plots, undertaking significant preparation and financial risks. She sold two plots in 2019 and 2021, with buyers assuming her obligations. The court ruled that her actions extended beyond private asset management, confirming her status as a VAT entrepreneur, making the sales subject to VAT. Consequently, the imposed additional tax assessments were upheld.
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.
