People who undertake some activity for example selling plots or agricultural land divided into plots even if they do not have a registered business may be treated as VAT payers. As practice shows whether the sale of plots will be subject to VAT or not is often the subject of disputes with tax authorities. Below we will describe what is most often taken into account when making such an assessment.
The only thing that is clear from the VAT Act is the provision that the supply of undeveloped land other than philippines photo editor construction land is subject to VAT exemption but we will be primarily interested in construction plots. Sale of plots and VAT – our considerations concern primarily situations in which the sale of plots takes place outside the business activity with the so-called private property this is where most disputes arise. We already know that if the regulations do not fully specify certain issues.
We have no choice but to apply for an individual tax interpretation and if this is not enough we must also go to court to assert our rights. So let's see what approach the tax authorities take to this topic. In one of the tax interpretations number -KDIL - . . . . .HW of December the Director of the National Tax Information found the Applicant's position to be incorrect. The case concerned the sale of real estate covered by the local development plan in which.
發表於 2023-12-12 14:50:27
