it was intended partly for production facilities warehouses and service buildings and partly for public roads and single-family residential areas. In the Applicant's opinion such sales should not be subject to VAT because among others it is a transaction involving private property that is not subject to VAT. However the director of KIS had a different opinion on this subject and in the justification.
He wrote among other things that in the process of selling the plots a number of activities will be undertaken philippines photo editor by the future owner who will initiate them on behalf of the owner based on the power of attorney granted. In the opinion of the tax authority such way as if these activities were performed by the owner himself. This will affect the attractiveness of the land being sold and increase its value.
Thus when undertaking the activities indicated in the interpretation the Applicant engaged resources similar to those used by entities professionally dealing in real estate . Based on an extensive analysis of the facts the Director of KIS finally concluded that the sale of real estate would be subject to VAT. In another interpretation number -KDIB - . . . . .AB of June the Director of KIS found the Applicant's position to be correct. The case concerned the sale of undeveloped plots.
發表於 2023-12-12 14:50:39
