6% VAT regime for DemolitionReconstruction projects: scope extended to investor sales
A revised VAT framework is on its way for demolitionreconstruction projects, introducing greater flexibility for developers and investors. What’s new The Government has confirmed that, under the demolition–reconstruction VAT regime, developers may now: Sell to a private individual who will use the dwelling as his/her sole and principal residence; and Sell to an investor (individual or
Belgian Tax on Securities Accounts: a Practice Note provides further guidance
The Belgian tax administration has issued on 25 May 2018 a (welcomed) Practice Note providing further guidance regarding the Belgian Tax on Securities Accounts (BTSA). For recall, the BTSA applies to (foreign) individuals holding one or several (Belgian) securities accounts which totalized (on average) more than 500.000 euros during the reference period. In such a
