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Belgium Clarifies VAT Treatment Of Company Cars Provided To Belgian Employees

The Circular sheds light on the practical application of the QM case regarding the Belgian VAT treatment of company cars. In short, it states that, under certain conditions, the provision of a company car to a Belgian resident employee by a foreign employer for consideration qualifies as a long-term hiring of a vehicle which is taxable in the Member State of residence of the employee, i.e. in Belgium.

Source: mondaq

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