- Belgium MOF announced June 1 deadline for small businesses to join franchise regime for 2023 VAT exemptions
- Businesses with under 25,000 euros in turnover for previous year eligible for regime
- Regime exempts eligible businesses from most VAT obligations
- Businesses with turnover under threshold for 2023 will receive letter from Tax Authority in May explaining terms and conditions
Source: news.bloombergtax.com
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.
