Advice within the complex tax landscape for housing corporations
The tax position of housing corporations is found in practice to be highly complex. This applies not only for the regular business operations, with issues such as “VAT integration levy” and “pro rata” deduction of input VAT, but also for the development of new-build or restructuring projects with dwellings and/or public real property.
We have extensive experience with all these complex tax issues in relation to VAT and real property transfer tax. This experience translates in practice into helping the corporation to find its most favourable tax position, optimising this where necessary, and also making agreements about this with the Dutch Tax Authorities and monitoring to ensure that these principles and agreements are correctly applied in practice, or are set down in writing with a view to their implementation in the future.