The Brussels Court of Appeal recently ruled that non-travel agent businesses may be classified as travel agents for VAT purposes if a substantial part of the services they perform relate to travel and accomodation. This classification as a travel agent would mean that the input VAT related to the travel agency activities would not in principle be deductible. Companies should therefore assess
Value means different things to different people
That’s why you can decide to receive updates only for the issues that matter most to you.
Most popular news
- New ‘60-day rule’ for pension funds: the practice note was published
- Investment deduction for assessment year 2020 published
- Shareholder Rights Directive II. Financial institutions, are you prepared?
- Important changes to the regime of specialised real estate investment funds (FIIS/GVBF)
- Belgian Ratification of the MLI: a Game Changer in the International Tax Field