- A holding company sold a car to the director at an abnormally low price
- The Tax Authorities imposed a VAT assessment for this transaction
- The Court of Amsterdam ruled in favor of the Tax Authorities, stating that the sale at a low price was an abuse of rights
- The Tax Authorities considered the transaction as a disguised dividend payment
- The Court of Amsterdam confirmed the ruling and ordered the Tax Authorities to pay the legal costs
Source: taxence.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.
