- The State Secretary of Finance made a decision on November 26, 2024, numbered 2024-13975
- This decision modifies the earlier decision from November 24, 2020, numbered 2020-167584
- The modification provides guidelines regarding the right to deduct VAT on transactions involving shares
- The decision from August 3, 2004, numbered CPP2004/1709M concerning VAT on share sales is revoked
- A new paragraph is added before section 1 and after the last paragraph of the 2020 decision detailing the changes made
- The changes include instructions on deducting VAT included in costs related to acquiring, issuing, holding, and selling shares
- A new section 3.5.5 is added to part 3.5 detailing the deduction of VAT for transactions involving shares
- VAT deduction is allowed as long as the services are used in the capacity of a business owner
- The extent of VAT deduction is determined by how much of the costs can be attributed to specific taxable activities or overall business activities
- Transactions involving shares are considered within the scope of VAT if they occur in the capacity of a business owner
- Shares are part of the economic activities of the business owner if there is involvement in the management of the company holding the shares
- Shares are seen as a direct, lasting, and necessary extension of the business owner’s economic activities
Source: officielebekendmakingen.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.
