Real Estate VAT

VAT election to be liable for VAT on rents

The company SARL Maysam France had acquired an office building. The company argued that it was not be subject to VAT on the rents received in respect of this building

Concept of supply of services for consideration

Several Hungarian non-profit companies were created in order to construct, and later operate, agricultural engineering works on land including public roads and private sections). The works were financed by public

Partial exemption calculation

This case concerned a mixed-use building, i.e. made up of common areas, areas used for commercial leases subject to VAT and other areas used for residential leasing (exempt from VAT).

Management of real estate investment funds and VAT

An important opinion was published on May 20th regarding the VAT treatment applicable to the management of real estate investment funds (Case C-595/13, Opinion, May 20th, 2015, Fiscale Eenheid X NV).