Court of Appeal ruling on travel services provision may affect your VAT position

Monthly : June 2014

10 June 2014

Real Estate – VAT : Administration denounces artificial split of transactions in important renovation projects – application of 6% reduced VAT rate and more at stake !

For years, certain promotors have been marketing reconstruction or heavy renovation projects at a 6% reduced VAT rate. With its decision of 13 May 2014, VAT administration now clearly denounces legal constructions that have been devised with the [sole] purpose of attaining a reduced VAT rate and which consist in the artificial split of a