No Transitional Law for VAT Increase Applied to Optioned Houses in 2013

• CV X developed a new construction project and obtained a sales option from housing corporation A in 2010.
• CV X exercised the sales option in 2013.
• The tax authority imposed a VAT assessment on CV X for the years 2013 and 2014.
• CV X argued that the sales of the new construction properties in 2013 fell under the transitional arrangement for the VAT rate increase.
• The lower court agreed with CV X, but the higher court ruled in favor of the tax authority.
• The Supreme Court upheld the decision of the higher court, stating that the transitional measure only applied to agreements for the delivery of a property, not agreements for the exercise of a sales option.

Source: futd.nl

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.

---

---