- A commercial company buying an office building and converting it into a residential one may need to adjust VAT deductions. The conversion changes the property category from instrumental to residential. At purchase, VAT deduction rights are valid for instrumental properties.
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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