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When is there transfer tax and when is there VAT?

When buying/selling a piece of land, a newly built home, an existing home or a home under construction, the question often arises of what taxes need to be paid.
Sometimes transfer tax must be paid, sometimes VAT must be paid and…sometimes both must be paid.

See which situation applies to you? Then follow the steps in the model below:

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Note: This model is particularly applicable for (small) project development and commercial real estate (BOG).