Belgium: Requirements for mixed VAT taxpayers calculating VAT deductions using general pro rata method
Requirements from 1 January 2024 for mixed taxable entities calculating VAT deductions using general pro rata method
Requirements for mixed VAT taxpayers calculating VAT deductions
A law published on 1 December 2023 introduces requirements from 1 January 2024 for mixed taxable entities calculating their value added tax (VAT) deductions using the general pro rata method similar to those applicable since 1 January 2023 for mixed taxpayers using the actual use method. Read TaxNewsFlash
As of 1 January 2024, such taxpayers must:
- Submit a prior notification via the "e-604" online application to opt for VAT deductions based on the general pro rata method. Those already using this method on 31 December 2023 must submit their notification before 1 July 2024.
- Inform VAT authorities of their provisional or final general pro rata percentage annually via Intervat, either when filing the Q1 VAT return or one of the first three monthly VAT returns of the calendar year.
Partial VAT taxpayers, those conducting activities outside the VAT scope, will also need to inform VAT authorities of the special pro rata they use.
Read a December 2023 report prepared by the KPMG member firm in Belgium
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