- The court ruled on a case involving VAT fraud in trade chains.
- The plaintiff was part of these chains and should have known about the fraud.
- The zero-rate VAT application was rightfully denied due to lack of due diligence.
- Precious metals are considered high-risk goods, requiring careful handling.
- Two employees of the company had prior knowledge of VAT fraud risks from a warning letter.
- The company failed to conduct significant KYC checks on its clients.
- Proper checks would have revealed the clients lacked necessary registrations and permits.
Source: uitspraken.rechtspraak.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.
