Whereas the general revision period for VAT on the acquisition or construction costs of a new building is 15 years, if a building is let with VAT in the first 15 years, then the revision period is extended to 25 years. With respect to movable property, the revision period remains five years.
Source: Linklaters Belgium
Latest Posts in "Belgium"
- Reduced Rates Increased (Hotels, Restaurants, Leisure) from 6 to 12%
- Belgian Supreme Court puts an end to the “immediate” export requirement for the VAT exemption on exports
- Belgium Confirms E-Invoicing Mandate Scope, Grace Period, and Rules for Nonresidents from 2026
- Belgium Confirms 2026 E-Invoicing Mandate: Key Scope, Fallback, and Technical Updates Explained
- Belgium Grants Three-Month Grace Period for E-Invoicing Penalties Starting January 2026
