News articles written by Grégory Jurion

Mixed and partial VAT payers: Extended submission deadline for VAT real use deduction method

10 April 2024

Mixed VAT deduction, particularly prevalent among real estate, financial and holding entities, has seen significant changes since last year. For mixed and partial VAT payers employing the real-use deduction method, new specific annual information submission requirements have been introduced, necessitating submissions through the Intervat system. The required information to be submitted in 2024 includes: Full

Tax changes for the Belgian real estate market

18 December 2023

This Newsflash highlights significant measures that influence the landscape of the Belgian real estate market. Indeed, on 9 October 2023, the Belgian government reached an agreement regarding the Federal Budget for 2024. The current budget round was an important one, as the economic climate is deteriorating and this has an impact on the budget of

Reduced VAT Rate for Home Demolition-Reconstruction Extended, Excludes Developers

10 October 2023

The Belgian government has announced an extension of the reduced 6% VAT rate for the demolition and reconstruction of homes. However, this benefit will now exclusively apply to individual homeowners. Developers, who previously enjoyed this rate under certain conditions for the sale of apartments and homes, will revert to the standard VAT rate of 21%

Interest paid to qualifying foreign EEA AIFs may now benefit from the Belgian WHT exemption

16 August 2023

On 26 July, a new Royal Decree amending the Royal Decree implementing the Belgian Income tax code (RD/BITC) was published. The Decree includes various amendments, but one of the main updates was the extension of the withholding tax (WHT) exemption to Belgian sourced interest paid to foreign institutional Alternative Investment Funds (AIF). In principle, interest

‘COVID-19’ rent free period: a new tax credit for real estate owners

28 April 2021

Several measures were very recently adopted (for some, they existed already and were simply extended) by the Belgian legislator through its Law dd. 2 April 2021 on temporary support measures in the light of the COVID-19 pandemic.  Among these measures, an incentive is made available to Belgian taxpayers with respect to real estate (including Belgian