- The Council of Ministers is expected to approve a decree regarding urgent measures in the energy sector, including a new form of facilitated definition for violations related to the certification of consideration and the electronic storage and transmission of consideration.
- The facilitated definition would apply to violations committed between January 2022 and June 2023, with payment due by December 15, 2023.
- Violations related to the failure or inaccurate storage or transmission of electronic consideration would be sanctioned at 90% of the tax amount, with a minimum penalty of €2,000.
- There is no minimum penalty for violations related to transactions below €1,000 with a 22% VAT rate.
- The facilitated definition is completed if all obligations are fulfilled by December 15, 2023, including payment of reduced penalties and submission of supplementary declarations if there is evidence of inaccurate declarations and non-payment of VAT.
- The facilitated definition does not apply to violations committed in 2023, as the VAT declaration for that year has not yet been submitted.
- Violations related to consideration can result in penalties for inaccurate VAT declarations and non-payment of periodic VAT, with penalties reduced by half if regularization occurs by April 30, 2024.
- The amount of the penalty depends on the VAT settlement in question, with reductions of 1/18, 1/16, or 1/14 possible.
- The facilitated definition does not apply to subjects who have failed to submit the VAT declaration for 2023.
Source: eutekne.info
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
