Anyone who acquires real estate in the Netherlands (including beneficial ownership and certain interests in real estate companies), or “limited rights” to real estate, must pay 6% real estate transfer tax on the value of the real estate or right obtained. Such an acquisition, however, need not always lead to the payment of real estate transfer tax. Exemptions apply in some cases, such as those in which VAT is levied on the transaction or in which the acquisition is the consequence of a merger or internal reorganization.
How can Meijburg & Co assist you?
In many cases, correctly structuring developments and transactions can help you avoid paying real estate transfer tax. It is sometimes wise to consult the Dutch Revenue in advance with respect to certain transactions in order to obtain certainty about whether the transaction will be tax-free or eligible for an exemption. This sometimes involves making choices by weighing the potential real estate transfer tax burden against the potential burden of other taxes, such as corporate income tax and VAT.
How will you benefit?
The timely engagement of Meijburg & Co’s services may help you to prevent and/or reduce your real estate transfer tax liability.
Why choose Meijburg & Co?
Our many years of experience and our expertise in the area of real estate transfer tax are resources on which our tax professionals can draw in order to maximize the benefits available under the law. Our practice centers on developing state-of-the-art solutions for your business. Our real estate transfer tax specialists form part of our multidisciplinary Real Estate Group, enabling us to offer you integrated solutions tailored to your particular needs. Meijburg & Co also works closely with other real estate experts, such as real estate lawyers and brokers.