- The deadline for lessors to elect to exempt rental income from VAT for certain commercial real estate leases is extended to March 31, 2026.
- This applies to leases entered into on or before November 13, 2017.
- From April 1, lessors must submit the election within 30 days of signing a new lease.
Source: news.bloombergtax.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.
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