DGAP-Adhoc: Jubii Europe N.V.: Dutch tax authorities adhere to their decision that Jubii Europe N.V. (ISIN NL0000233195) has no VAT deduction right (deutsch)

Jubii Europe N.V.: Dutch tax authorities adhere to their decision that Jubii Europe N.V. (ISIN NL0000233195) has no VAT deduction right

DGAP-Ad-hoc: Jubii Europe N.V. / Schlagwort(e): Rechtssache
Jubii Europe N.V.: Dutch tax authorities adhere to their decision that Jubii
Europe N.V. (ISIN NL0000233195) has no VAT deduction right

30.09.2019 / 12:27 CET/CEST
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(EU) Nr. 596/2014, übermittelt durch DGAP - ein Service der EQS Group AG.
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As reported in the Ad hoc announcement on February 26, 2019 the Dutch tax
authorities started in 2017 a tax audit with respect to sales tax (VAT) for
the period 2013 until 2018. The tax authorities have taken the position that
Jubii Europe N.V. was not engaged in economic activities which would lead to
a VAT deduction right during the years of examination. Accordingly, the
Dutch tax authorities requested from Jubii Europe N.V. a payment of Euro
1,155,183 for input VAT in the period under examination, inclusive interest
until the release of the tax assessments and fines.
Based on the assessment of Jubii Europe N.V.'s Dutch tax advisors management
takes the position that Jubii Europe N.V. was engaged in economic activities
leading to a VAT refund right during the whole period and having solid
arguments in defense of this position. Therefore, Jubii Europe N.V. has
objected the Dutch tax authorities' assessment immediately.
On September 27, 2019 the Dutch tax authorities rejected Jubii Europe N.V.'s
appeal and announced that they adhere to their assessment that Jubii Europe
N.V. has no VAT deduction right and claimed the repayment of input VAT.

According to this decision Jubii Europe N.V. will pay the reclaimed input
VAT plus interest and fines and careful consider together with their Dutch
tax advisors, whether to take the case to court or not. Jubii Europe N.V.
has to instigate legal proceedings against the Dutch tax authorities'
decision until November 4, 2019.

Jubii Europe N.V.

Haarlem, The Netherlands, September 27, 2019

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Sprache:        Deutsch
   Unternehmen:    Jubii Europe N.V.
                   Fonteinlaan 7
                   2012 JG Haarlem
                   Niederlande
   Telefon:        [phone]
   Fax:            [phone]
   E-Mail:         [e-mail]
   Internet:       http://www.jubii.com
   ISIN:           NL0000233195
   WKN:            932728
   Börsen:         Regulierter Markt in Frankfurt (General Standard);
                   Freiverkehr in Berlin, Düsseldorf, München, Stuttgart
   EQS News ID:    882493

   Ende der Mitteilung    DGAP News-Service
882493 30.09.2019 CET/CEST

	 ISIN  NL0000233195

	AXC0159    2019-09-30/12:27