According to the North Holland District Court, there is an abuse of rights in the sale of a car by a company to its director at an undervalued price, leading to the company owing VAT on the considered concealed dividend. The case involved a company that purchased a car in Germany for €48,319 in August 2014, later selling it to its director for a total of €15,000 in January 2015. The court determined that the low sales price was an abuse of rights to gain a tax advantage. While the court found VAT applicable to the concealed dividend, it also ruled in favor of the company regarding the penalty.
Source: pkfwallast.nl
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