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Any value added tax due must be listed separately in the sales contract

07 November 2011

With judgement No 22084 from October 25, 2011 the Court of Cassation has ruled that any value added tax due when buying property has to be listed separately in the sales contract. With his signature the notary certifies the complete payment of the reported purchase price of the property, but this is not proof enough for the payment of any value added tax due.

(Source: fiscoetasse.com 02.11.2011)

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