The Netherlands has asked the European Commission to amend the regulations on the right to deduct VAT on goods and services that are used for more than 90% for private purposes. The proposed adjustment means that the VAT on purchases that are hardly (less than 10%) used for business purposes is not deductible at all. This will mainly affect the VAT deduction of solar panels, homes and cars.
Source: Flynth
Latest Posts in "Netherlands"
- Submitted audit files in the event of multiple tax fraud do not fall under informal privilege of advisers
- No VAT Deduction for Invoices After Third-Party Attachment in Transport BV Case
- Amsterdam Court: Compensable VAT May Be Included in Municipal Levy Cost Calculations
- No Right to VAT Deduction for Invoiced Services Without Proof of Supply
- Compensable VAT in Municipal Fees Does Not Breach Revenue Limit
