- The Western High Court held that a 2015 in-kind transfer of land plots with foundations was a supply of building plots, not exempt land, and therefore subject to VAT.
- The court relied on CJEU case law that a foundation is not a “building” for VAT purposes, so land with only foundations remains building land for VAT classification.
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.
