The preliminary draft law aims to amend the VAT code with regard to
- the warehouse exemption scheme other than a customs warehouse
- the exercise of the right to deduct according to the general ratio or taking into account the actual use of the goods and services or of a part thereof
- VAT obligations regarding the assignment and communication of the VAT identification number, regarding invoicing and regarding the annual list of taxable customers
- the debtor and the debtor jointly and severally liable with regard to electronic interfaces
- the special scheme for agricultural entrepreneurs
- the statute of limitations of the claim for payment of the tax
- the VAT administration’s access to the national database of information provided by payment service providers
The preliminary draft also changes certain VAT rates. The changes concern the reduced VAT rate for
- hair prostheses
- medicines
- employment companies
- certain transactions of an immovable nature for the benefit of certain entities of general interest
The preliminary draft will be submitted to the Council of State for advice.
Source News,belgium.be
