Please contact customerservices lexology. The transaction concerned the sale of shares in companies that solely hold immovable property, so-called real estate entities. DTZ Zadelhoff, a real estate agent, valuated immovable property, searched for an appropriate buyer and assisted in negotiating the sales price. At the time that instructions were given to DTZ Zadelhoff, it was unclear whether the ownership of the immovable property itself or the shares that represent the underlying immovable property were to be sold. The Dutch tax authorities, on the contrary, took the view that the service provided by DTZ Zadelhoff related to the transfer of immovable property and could therefore not share the exemption.
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Life span of building on Herengracht in Amsterdam extended. A smart move! By assessing the current state of the building in a methodological manner via a condition survey , our client can find out exactly where maintenance work is required.
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