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VAT Exemption for Housing Subsidy Beneficiaries and Non-Profit Entities

  • VAT exemption under letter F of Article 12 of the VATL
  • Sale of a dwelling to beneficiary of housing subsidy by MINVU exempt from VAT
  • General construction contracts exempt from VAT if financed by housing subsidy
  • Sales of housing to non-profit private legal entities exempt from VAT if financed by housing subsidy
  • General construction contracts by such entities exempt from VAT if financed by housing subsidy

Source: assets.kpmg.com

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.

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