- The sale of the apartment may be subject to VAT if it qualifies as a sale of a new building.
- The sale of the right of use to the parking spaces does not necessarily constitute a VAT-liable sale of a new building.
- The taxpayer can access a compensatory VAT adjustment for the apartment’s purchase price upon sale.
- No compensatory VAT adjustment is confirmed for the parking spaces.
Source: news.bloombergtax.com
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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