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Does VAT impact the bottom line in real estate transactions?
You may be aware that, in Luxembourg, no VAT is usually due when selling or renting out a building, but our guest writer, VAT Expert M. Erwan Loquet, says unequivocally that this does not mean that you can afford to ignore this question.
If you do not pay VAT, you cannot claim VAT relief, and this may seriously affect your ROI.
What can you do about this?
Read on…
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