Belgium Proposes VAT Reform for Art, Antiques, and Virtual Services to Align with EU Directive

• Belgium’s draft VAT bill extends the 6% reduced VAT rate to all supplies, acquisitions, and imports of art, antiques, and collectibles.
• The bill restricts the VAT margin scheme for goods acquired or imported at the reduced 6% rate to prevent competitive distortions in the EU market.
• Place-of-supply rules for virtual events and streaming services are updated, taxing both B2B and B2C services based on the customer’s location rather than the event’s physical location.
• The bill aligns Belgian VAT law with EU Directive 2022/542 and grants the King expanded authority to address tax issues via Royal Decree.

Source: fiscal-requirements.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.

---

---