Belgium launches pilot program on cooperative tax compliance
The Large Enterprises Division of the Belgian tax administration (“LE Division”) announced the launch of a two-year pilot project on cooperative tax compliance (Cooperative Tax Compliance Program – “CTCP”). The program is aimed at transforming the traditional approach of ex-post tax investigations towards a system of proactive, real-time and constructive dialogue on the tax affairs of corporates.
Brexit news – UK Government publishes technical note on trade impact of a “no deal” scenario
UK Government publishes technical note on trade impact of a “no deal” scenario Although still confident that a deal will be reached, the UK government published last week several (on 80 expected) technical notes for a “no deal” scenario, of which one deals with the trade impact under a “no deal” scenario. Read the
Update: VAT and immovable rent – as from 1/1/19
The final draft Law has been submitted to the Chamber of representatives on 31 July 2018. With entry into force foreseen for 1 January 2019, it is time for action. Check out our update (in Dutch and French) below. Update: btw en onroerende verhuur – nieuw vanaf 1/1/19 Het wetsontwerp is op 31 juli
Update: VAT and immovable rent
The key features of the draft law on the option to apply VAT on rent are becoming increasingly clear. Check out our update (in Dutch and French) below. Update: btw en onroerende verhuur De krijtlijnen van het ontwerp van wet inzake de optionele btw-heffing op professionele onroerende verhuur worden almaar duidelijker. Ingevolge het advies
Update: It’s a go for the option to apply VAT on ‘new’ immovable letting!
This weekend, the core cabinet of the Belgian Government (finally) reached an agreement on the possibility for landlords to apply VAT on certain immovable lettings. With a view of raising our country’s and the markets’ competitiveness, the Belgian Government has for quite some time been juggling (and struggling) with the idea to apply VAT on
The due date for the filing of the annual VAT sales listing is approaching!
VAT payers should file an annual return quoting their VAT taxable customers, i.e., the annual VAT sales listing. The filing deadline for this listing is rapidly approaching. Fines can be imposed for late filing. The filing is done electronically, through Intervat. What? The annual sales listing contains the Belgian VAT numbers of all VAT liable
