Real estate supplies and acquisitions
When purchasing and selling real estate – or shares representing real estate – transfer tax is always involved. For new properties, VAT also applies. Given the substantial financial stakes, it is wise to thoroughly map out the structure and consequences of real estate transactions in advance. Whether it concerns virgin land, a building site, new construction or existing buildings, at Lenos we understand better than anyone that the real estate industry is dynamic and full of opportunities. Transfer tax can also play a role in restructurings, such as mergers, demergers or the allocation of real estate within a group. When you plan to rent out real estate, it is also wise to have the tax implications mapped out by us in advance.
Complex civil and tax laws and regulations
The world of real estate is inextricably linked to continuously changing complex civil and tax laws and regulations. A small misstep can then have significant financial consequences. Not if it’s up to our specialists, because we know the way. By thinking along with you, we can steer towards an optimal tax situation and ensure that you make the most of your opportunities in both VAT and transfer tax.
Collaboration with notaries and tax advisors
In real estate projects, the civil and tax worlds converge. We collaborate extensively with notaries and tax advisors. In essence, we work with the notary on notarial deeds and collaborate with other tax specialists to optimize implications for personal income tax, corporate tax and gift and inheritance tax. This can be done alongside your regular notary and/or advisor. Additionally, we have a pool of specialists accustomed to being called upon on an ad hoc basis, swiftly getting up to speed and making effective contributions to your project through their direct application of expertise and experience. This flexibility allows us to meet your needs seamlessly and ensure the seamless integration of civil and tax aspects within your real estate project.
How can we assist you with questions regarding VAT and transfer tax?
- What should I consider in terms of timing for buying and selling real estate?
- How can I maximize savings on VAT and transfer tax when purchasing land?
- What impact does the intended use have on VAT and transfer tax?
- When is the best time in a development process to demolish properties?
- Can these shares be acquired without incurring transfer tax?
- How can real estate be optimally positioned within the group?
Optimize your VAT opportunities
For every real estate transaction, it is advisable to have us assess the tax implications beforehand! We can advise you on this and align the tax consequences for you, enabling you to optimize your VAT opportunities in both expenditure and income streams.
Objections and appeals in real estate projects
If you encounter unpleasant surprises from the Tax Authorities during a real estate project and cannot reach an agreement with the tax inspector, Lenos is here to assist you. With our extensive experience and in-depth knowledge of VAT and transfer tax, we advocate for your interests, handle appeals or litigation on your behalf and maximize your opportunities throughout the process. Grey areas in VAT and transfer tax hold no secrets for us and we will assess the feasibility of the case beforehand.
Contact our professionals
Our partners are tax lawyers. We offer all the benefits of a smaller, flexible firm coupled with the experience one usually only finds in the largest tax consultancy firms. All partners have a long experience as VAT and customs inspectors with the Dutch Ministry of Finance as well as VAT and customs consultants with the largest tax consultancy firms in The Netherlands.
Michael van de Leur
Partner
Michael advises various national and international corporations, non-profit organizations and sometimes even government agencies on indirect taxation. His primary advises on VAT, his other areas of interest being real estate transfer taxes, import duty and excise duties.