A new building is treated differently for VAT purposes than an old building, which is why it is important to determine whether a building is old or new. For a new construction, this is not difficult. For existing buildings that are being upgraded, it is not always easy to determine if the works are to be seen as a simple renovation or a transformation into a new building.
Source VATconsult
Latest Posts in "Belgium"
- Belgium Proposes VAT Reform for Art, Antiques, and Virtual Services to Align with EU Directive
- Belgium Postpones VAT Chain Reform and Eases Reporting for Mixed and Partial Taxpayers
- Comments on GC T‑575/24 – AG – Contrary to EU law if services provided to members are regarded as internal acts
- E-Invoicing in Belgium – Factsheet
- Comments on ECJ case C-234/24 (Brose Prievidza):No VAT Exemption for Tooling Without Physical Movement
