- Belgium’s Federal Government has postponed its controversial VAT reform, which would have increased prices for culture, sport, leisure, and takeaway meals.
- The reform, part of Prime Minister Bart De Wever’s budget plan to save €9.2 billion by 2029, became overly complex due to political opposition and numerous exemptions.
- The Council of State rejected the scheme, citing unclear and inconsistent distinctions between affected sectors.
- The government will return to the drawing board to rethink the VAT reform after strong criticism and internal disagreements.
Source: brusselstimes.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.
Latest Posts in "Belgium"
- Increased VAT Rates on Pesticides and Accommodation Services
- Belgian e-Invoicing is Live: Early Lessons from the First Weeks in Practice
- EPPO Uncovers €11.3M Customs Fraud in Antwerp Steamboat Probe; Three Arrested
- Belgian Court Clarifies Criminal Liability for Customs Representatives and Inventory Discrepancies
- Federal Government Delays VAT Hike on Culture, Sport, and Takeaway Meals Until March Review
