Belgian Plans for Broad Tax Reforms Include Rate Cuts

• Harmonizing the reduced VAT rates of 6% and 12% into a new VAT rate of 9%, while maintaining the standard VAT rate of 21%;
• Reducing the VAT rate on electricity permanently;
• Extending the reduced rate of VAT for the demolition and reconstruction of housing; and
• Reducing the VAT rate to 0% for fruits and vegetables, medicines, products intended for personal hygiene protection, and public transport.
• ….

Source Orbitax

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