Earlier this year we mentioned that the Dutch tax authority intended to abolish the Dutch agriculture regime for VAT. The plan has become reality, and the regulations will be abolished effectively as per 1 January 2018.
Owing to the abolition of this regime, groups formerly exempted from this scheme – farmers, livestock farmers, gardeners and foresters – will need to start up their own VAT administrations. This will allow them to deduct VAT charged to them (input VAT).
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