Transitional regime extended for the year 2014 & Opening of infrindgement procedure against Italy
Belgian VAT Tax point rules: extension of the transitional regime by one year Based on the implementation of the Invoicing Directive 2010/45/EU in Belgium, the issuance of an invoice prior to a taxable event is no longer considered as a tax point for Belgian VAT purposes as of 1st January 2013. As a result thereof,
VAT Flash: Political agreement – Ecofin Council – B2C
We are happy to announce that the Ecofin Council (“ECOFIN”) reached political agreement on the proposal for a VAT Implementing Regulation as regards the place of supply of services (including B2C 2015) in a meeting in Luxembourg last Friday 21 June. Furthermore, a package of two anti-VAT fraud measures was adopted without discussion: a Quick
VAT on Advance Invoices
Further to a recent answer by the Minister of Finance, Mr. Koen Geens, to a parliamentary question raised by Miss Veerle Wouters, published on 24 of April 2013, the Minister has stated that its administration will soon be publishing the final rules on when Belgian VAT will fall due on, and how companies in Belgium