The Impact on doing business globally and in Europe of the US Presidency
As the US is the largest economy globally, the economic policies of a US presidency play a crucial role in the dynamics of the global economy, influencing supply chains and affecting the remote work landscape worldwide. US presidents can use a range of policies that can either stimulate or hinder foreign, inbound or outbound trade,
Flash Update: New Position of Belgian VAT Authorities on Credit Insurance
The Belgian VAT authorities have issued a new circular (Circulaire 2024/C/80) that significantly alters the current approach to VAT recovery for insurers and clients involved in credit insurance. This change stems from the European Court of Justice’s ruling on February 9, 2023, in the case of Euler Hermes SA Magyarországi Fióktelepe (C-482/21). Key Changes as
VAT 6%: Extension of transitional measures for demolition-reconstruction
The Minister of Finance announced yesterday an extension until June 30, 2025, of the transitional measures for the demolition-reconstruction of housing at a VAT rate of 6%. This measure is welcome, considering that many construction projects have been delayed, particularly due to weather conditions, and that the new measures outlined in the De Wever note
Super Nota of Bart De Wever – What was on the table?
In Bart De Wever’s “Super Nota,” the proposed tax reform introduces substantial changes to the existing tax system. This article summarises the tax measures that were under consideration and might be used as a starting point when negotiations start again. As political discussions are not final, the information presented here may be subject to change
