- The government is considering introducing a VAT revision on services related to real estate
- A new concept proposal was introduced by the Ministry of Finance after an internet consultation round
- The proposal aims to address short-stay constructions with real estate
- The new regulation simplifies the criteria to qualify for VAT revision on real estate services
- The minimum fee for services to qualify for VAT revision is set at €30,000
- The proposed regulation may have a broader impact on businesses due to increased administrative burden
- The revision period for the new regulation aligns with the existing revision period for movable property
Source: accountancyvanmorgen.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.
