Netherlands: Year-end VAT considerations | KPMG | GLOBAL

Netherlands: Year-end VAT considerations, VAT adjustments

Netherlands: Year-end VAT considerations

In the value added tax (VAT) final return for 2016, two items may need to be addressed:

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  • A VAT adjustment based on the VAT deduction exclusion decree
  • The private use of company cars 

Also, VAT adjustment for promotional gifts and other benefits, such as staff benefits, need to be considered.

 

Read a December 2016 report prepared by the KPMG member firm in the Netherlands: Memorandum on VAT Deduction Exclusion Decree

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