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Explanation: VAT Option
The Special Conditions specify whether the lessor opts for value added tax to be applied to the income from the present rental.
If there is no option for VAT, the rentals and rental supplements shall be subject to the contribution on rental income for buildings completed more than fifteen years ago.
In case of an option for VAT, the lessee shall continue to pay to the lessor, in addition to the rentals, interest calculated in accordance with the procedures specified in Title III—“Special Conditions”.
Fijne dag verder.
Groetjes
Kira
Explanation: VAT Option
The Special Conditions specify whether the lessor opts for value added tax to be applied to the income from the present rental.
If there is no option for VAT, the rentals and rental supplements shall be subject to the contribution on rental income for buildings completed more than fifteen years ago.
In case of an option for VAT, the lessee shall continue to pay to the lessor, in addition to the rentals, interest calculated in accordance with the procedures specified in Title III—“Special Conditions”.
Fijne dag verder.
Groetjes
Kira
Kira Laudy Netherlands Local time: 05:19 Native speaker of: Italian, Dutch PRO pts in category: 4