- The case involves whether the interest received by a notary in connection with holding a quality account affects the deduction of input tax on general costs
- The Inspector has imposed VAT on X (taxpayer) on the grounds that there is not a full right to deduct input tax, as the actions related to the quality scheme are exempt from VAT
- X believes they can fully deduct input tax on their general costs
- The case relates to the years 2011, 2012, and 2013, with the issue of interest on the quality account becoming relevant again in 2024
- The Inspector’s decisions were upheld in lower courts, but X has appealed to the Supreme Court
- X does not provide services to the bank under a taxable title, so the extent of the right to deduct input tax needs to be clarified
Source: pkrevenue.com
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.
