VAT Implications of Assigning Rights from Developer Agreement: NSA Ruling July 3, 2024

• The Supreme Administrative Court issued a ruling on the VAT taxation of the assignment of rights and obligations arising from a developer agreement
• The court ruled that such assignments should be classified as services subject to a 23% VAT rate
• The court emphasized that in cases where the assignment takes place before the developer delivers the property, it should be considered a service rather than a supply of goods
• The ruling has significant implications for real estate transactions and VAT taxation of assignments from developer agreements
• It is important for taxpayers to determine whether the assignor has the right to dispose of the property like an owner before making such assignments.

Source: crido.pl

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.

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