- The concept of entrepreneurship in VAT is crucial for real estate transactions.
- Real estate activities often qualify individuals as entrepreneurs for VAT sooner than expected.
- Passive property management is not considered an economic activity for VAT unless active economic activities are involved.
- Renting property qualifies as an economic activity for VAT, even if passive, due to legal definitions.
- Active involvement in real estate sales can lead to VAT entrepreneurship, even for private individuals.
Source: accountancyvanmorgen.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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