The European Court of Justice (ECJ) has provided clarification on how Value Added Tax (VAT) applies to the expropriation of land. The ruling states that when a property is expropriated by a public authority, the transaction is not subject to VAT as it does not constitute a supply of goods or services. This decision will impact how VAT is applied in cases of land expropriation in European Union countries.
Source: grantthornton.nl
See also
- Join the Linkedin Group on ECJ VAT Cases, click HERE
- VATupdate.com – Your FREE source of information on ECJ VAT Cases
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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