![transfer leased building](/sites/default/files/styles/search_result/public/2020-05/hamer_rechter.jpg?h=2756d1d7)
Transfer of (short-term) leased building by a developer not a transfer of a going concern for VAT purposes
In its judgment of May 15, 2020, the Supreme Court upheld the decision by the Court of Appeals. The building in question was leased on a VAT-exempt basis. As a result of this judgment, parties will be confronted with a higher amount of non-recoverable VAT.