Belgium: Reform of periodic VAT returns, debts
A draft law that would modernize system of periodic VAT returns and enforcement of VAT debts
A draft law that would modernize system of periodic VAT returns and debts
The Belgian government published a draft law that would modernize the system of periodic value added tax (VAT) returns and the enforcement of VAT debts.
The draft law would incorporate changes to the current VAT Act concerning the processing of periodic VAT returns, including measures for non-filers, as well as a simplification of the system of VAT debts and credits.
Read a December 2022 report prepared by the KPMG member firm in Belgium
The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 3712, 1801 K Street NW, Washington, DC 20006.