- Partnership cannot claim exemption from small entrepreneurs scheme (KOR) due to choice for VAT-taxable rental
- Partnership has entered into a lease agreement for rental of work rooms in own home
- Partnership and tenant have opted for VAT-taxable rental
- Dispute revolves around application of KOR and specifically article 11, paragraph 1, letter b, fifth, of the VAT Act
- Rental of immovable property is generally exempt from VAT, unless landlord and tenant opt for taxable rental
- Article 25 of the VAT Act provides for reduction of tax if payable VAT is not higher than €1,883
Source: fiscaalvanmorgen.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.
Latest Posts in "Netherlands"
- VAT Increase on Hotels Could Lead to Billions in Losses for Tourism Sector
- No VAT Deduction for Family Business Succession Advisory Costs, Court Rules Against A BV
- Proposed VAT Increase on Tourism Yields No Net Gain, Faces Parliamentary Vote
- 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?
