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Land purchase activities: entrepreneur for VAT

  • The buyer of a estate acted as an entrepreneur for VAT due to obligations related to the purchase
  • The buyer purchased a estate with various buildings and planned renovations and changes
  • The buyer transferred a mill on the estate to a foundation for €1 and entered into an agreement with the municipality for a change in the zoning plan
  • The buyer carried out renovations and demolitions on the property, and later sold some of the land as building plots
  • The buyer requested VAT refund for 2013 and 2014, reaching an agreement with the tax authorities for a refund
  • The buyer sold two building plots in 2019, declaring the transaction as subject to VAT in the deed of sale and accounting for VAT in his tax return

Source: fiscaalvanmorgen.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.

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