In view of the dramatic situation in Ukraine, the Belgian Tax Authorities announced a temporary tolerance regarding the VAT consequences of donations to Ukrainian citizens (see: NL / FR). Accordingly, businesses that donate goods which are normally intended for sale, will not have to adjust their VAT deduction related to these goods. To prevent abuse, the donations must be made via designated institutions and meet some other criteria, as elaborated on the website of the Belgian Tax Authorities (see NL/ FR).
Source KPMG
Latest Posts in "Belgium"
- Webinar pincvision: Belgium eInvoicing – All You Need to Know (Oct 2)
- Belgium Postpones VAT Provision Account Implementation Amidst Modernization Efforts
- Belgium Postpones VAT Chain Rollout, Extends Time for E-Invoicing Implementation
- Belgium Delays VAT Provision Account Introduction; No New Date Announced Yet
- Belgium Mandates B2B E-Invoicing from 2026, Introduces Penalties for Non-Compliance