- Belgium has approved Bill 56 1718 to partially transpose the EU’s ViDA VAT rules into domestic law, with main application from January 1, 2027 and some changes from July 2029.
- The bill mainly updates existing VAT procedures for OSS cross-border sales, including clarifications on the €10,000 threshold for intra-EU distance sales and certain services.
- It changes OSS VAT timing rules so VAT becomes chargeable when payment is received, to the extent received, for qualifying transactions.
- The legislation also adjusts rules for non-Union and Union OSS, electronic marketplaces, and the interaction between OSS and the small-business VAT exemption scheme.
- Belgium is also preparing for the end of the EU call-off stock simplification, with new transfers under that regime ending June 30, 2028 and transitional arrangements ending June 30, 2029.
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.
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