Since January 1, 2019 it is possible to opt for the application of VAT in the case of a real estate lease, under certain conditions. However, the way in which this option should be done was unclear to date as there were no clear regulations on this point.
A recently published Royal Decree now finally regulates the way in which the choice for applying VAT to a real estate lease must be made.
Source Tiberghien (in Dutch)
Latest Posts in "Belgium"
- The vast majority of companies are up to date with e-invoicing
- Belgium Surpasses One Million Peppol Recipients, Sets Benchmark for E-Invoicing Adoption and Compliance
- Belgium Extends VAT Review Period to 15 Years for Major Building Renovations and Extensions
- Belgium ET14000 Permit: Apply via MyMinfin (Import VAT Deferment)
- Belgium Approves Broad VAT Reforms: Stricter Compliance, Longer Adjustments, and Administrative Simplifications
