On 26 May 2023, the Council of Ministers had approved at first reading a preliminary draft law “containing various provisions on VAT”. A few days ago, after obtaining the advice of the Council of State, the government submitted the preliminary draft to the House of Representatives (Parl.St. Chamber 2022-23, No. 55-3569/001).
- VAT warehouse: extension of the list of authorised goods
- Obligation to report VAT deduction ratios for mixed and partial taxable persons
- VAT identification number: some technical adjustments
- Platforms: extension of joint and several liability
- Limitation period in the event of fraud: harmonisation of VAT and direct taxation
- Payment service providers: extension of CESOP data retention period
- Reduced VAT rate for medicinal products: additional clarification of the description of medicinal products / medical devices
- Institutions with social objectives: new general criteria
- Reduced VAT rate for “working in immovable property” to care institutions: “day care” is now sufficient!
Source: www.vat-consult.be
