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
Latest Posts in "Netherlands"
- Despite the absence of a tax representative, the application of the zero rate
- Comments on T-184/25: Transfers of credit portfolios and VAT: AG puts credit management exemption under pressure
- New Four-Year VAT Adjustment for Investment Services on Real Estate Starting 2026
- VAT refund rightly refused due to unproven previous payment
- VAT Rules for Unpaid Invoices: When Can Entrepreneurs Reclaim or Repay VAT?
