Tax Benefits for Construction and Restoration Companies: 10% VAT Rate Explained

Companies involved in building renovations or conservative restoration benefit from a reduced 10% VAT rate. This applies to services and goods provided under contracts for these projects, as well as subsequent sales of the renovated buildings. The 10% VAT rate for building sales requires specific subjective and objective conditions.

Source: eutekne.info

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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