An entrepreneur deals in second-hand watches and telephones. He calculates the VAT due on the basis of the margin scheme. The inspector states that merely mentioning the ‘margin scheme’ on the purchase declarations is insufficient for the application of that scheme. Nor is it plausible that the suppliers did not deduct the input VAT invoiced to them. The Court of Appeal of Den Bosch ruled that the inspector was right to refuse the margin scheme.
Source: www.fiscount.nl
Latest Posts in "Netherlands"
- VAT Refund Request Denied Due to Late Submission: Court of Appeal Decision 2025
- Pension Fund’s Insurance Service Exempt from VAT; No Right to Input Tax Deduction
- VAT Assessment Upheld Due to Missing Invoices and Insufficient Proof for Deductions and Loans
- Fiscal Unity for VAT Due to Close Financial and Economic Ties Upheld by Court
- EU Court: Spain Must Grant VAT Exemption for Group-Provided Cleaning Services to Members
