- Credit notes for 2025 must be issued by April 30, 2026, the deadline for submitting the 2025 VAT return.
- The right to VAT deduction from a credit note can be exercised in the periodic VAT settlement when the note is issued, or at the latest, in the annual VAT return for the year of issuance.
- The date when the condition for issuing a credit note arises depends on the specific case, such as insolvency procedures or contract nullity.
- For insolvency procedures started before May 26, 2021, the relevant date is when the procedure is deemed fruitless; for those started from May 26, 2021, it is when the debtor is subjected to the procedure.
- In cases of contract nullity or similar, the relevant date is the court ruling declaring the contract void.
Source: eutekne.info
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.
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