The Dutch legislator is considering changing the Dutch RETT (real estate transfer tax) scheme regarding acquisitions of Dutch real estate via share deals. If this change is indeed implemented, then effective 1 January 2024, the current RETT exemption on the acquisition of shares in a real estate entity holding newly developed real estate would cease
Per 1 January 2023, the Dutch RETT (real estate transfer tax) will increase from 8% to 10.4%. Transactions that close after 31 December 2022 will therefore be subject to a 2.4% higher transfer tax.
It may be possible to avoid this by applying a Provisional Closing Scheme (Groninger akte structuur). This essentially means that the
In sale and leaseback transactions, companies sell their real estate to an investor and enter into a long-term lease with the new owner.
Continue Reading Improving Liquidity Through Real Estate Sale and Leaseback Transactions
In life (as in business), as Heraclitus said, “the only constant is change.” In today’s fast-paced economy, this axiom should be kept in mind during contract negotiations, especially in a bear market.
Case law can be ambiguous, as it is constantly evolving and adapting to new situations, insights, and practices. COVID-19 may have been an
In general, a taxable person is entitled to deduct VAT paid on goods or services insofar as those goods and services are used for their VAT taxable transactions. For the taxable person to determine the extent of deductible VAT, there must be a direct and immediate link between the purchased goods and services, and their
On Budget Day, 15 September 2020, a number of tax measures were published in the Dutch 2021 Tax Plan that could have an impact on real estate investments in the Netherlands. The proposed bills include some important changes in respect of real estate transfer tax (RETT), corporate income tax (CIT), Box III, and the landlord