Comments on ECJ C-243/23: AG challenges Belgian Adjustment Rules for VAT Deduction on Renovation Works

The Belgian VAT rules for real estate are frequently the subject of discussion, both in Belgian and European contexts. Last week, the Advocate General made a statement in a notable case before the European Court (C-243/23 Drebers).

In this case, the Advocate General confirmed that renovation works on a property do not qualify as an immovable investment good and are therefore subject to the standard adjustment period of 5 years. If the Court follows the Advocate General, this case could have significant implications for the European VAT landscape in the real estate sector.

Source VAT-consult