- No VAT deduction is allowed on construction installments not related to VAT-taxed deliveries.
- The court ruled that the BV cannot deduct VAT on construction installments for apartments, as these were not included in the invoices to the BV and were subject to separate agreements with private individuals.
- VAT on the purchase of land, development costs, and general costs is deductible, calculated pro rata based on actual use and floor area.
Source: fiscount.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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