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Belgium To Expedite VAT Refunds For Start-Ups

On December 18, 2019, the Belgian Federal Public Finance Service (SPF) announced that start-up companies can request accelerated refunds of value-added tax credits from January 1, 2020.

According the SPF, the scheme is available for the first two years of a new company’s economic activity and taxpayers will be automatically enrolled provided they submit monthly VAT declarations.

Source Kluwer

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