Belgium Extends VAT Review Period to 15 Years for Major Building Renovations and Extensions

Belgium is proposing a new law to align with the Drebers case judgment, extending the VAT review period for major renovations to 15 years.
Previously, only new buildings had a 15-year review period, while most renovations had a 5-year period unless they resulted in a “new building.”
The new law applies the 15-year period to renovations with an economic life comparable to a new building, based on an economic test.
Assessment criteria include duration, scale, cost, and the extent of renovation or expansion.
Further clarification is expected from an upcoming circular letter from the Belgian VAT authorities.

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.