- Proposal for introducing a VAT revision on services related to real estate
- Aimed at combating short-stay structures in real estate
- Short-stay rentals are subject to VAT, allowing for VAT deduction on renovation costs
- Proposal for revision on services has been considered by the Ministry of Finance for some time
- Previous proposals for VAT revision on services were not EU-compliant and were withdrawn
- Proposal for VAT revision on costly services was also withdrawn in 2017
- Focus on implementing a staggered revision on investment services to eliminate short-stay structures in 2020
Source: ndfr.nl
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.