X bv bought an apartment for residential purposes and rented it to a subsidiary as office space, opting for taxable rental. However, the Northern Netherlands District Court ruled that X bv failed to provide sufficient evidence that the apartment was only used for business purposes, and therefore it qualifies as a home. As a result, X bv cannot deduct input tax for the purchase of the apartment and the rental is exempt from VAT. X bv’s appeal was unsuccessful.
Source Taxlive
Latest Posts in "Netherlands"
- Impact of 2027 Policy Change on Home Batteries and VAT for Solar Panel Owners
- Supreme Court to Decide Tax Status of Paved Parking Lot: Built or Unbuilt Land?
- VAT Implications for ‘Free’ Online Services: Legal Challenges and Potential Impact on SMEs
- Court Denies Tax Deduction for Family Business Succession Advisory Costs as Private Expenses
- No deduction of input tax for private advisory fees shareholders
