A fiscal unity (FE) operates bunker vessels for inland shipping. It occasionally buys a motor yacht under the margin scheme. She intends to resell the yacht for a profit, but due to hidden defects, she refrains from doing so.
The yacht is sold to the director and major shareholder of the FE. The inspector considers that the margin scheme cannot be applied because the FE cannot be regarded as a reseller. The Court of Appeal of Den Bosch disagrees.
Source: www.fiscount.nl
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