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We inform you that there will be some modifications to the Intrastat returns due to the European reform. The Intrastat dispatches return will include two additional fields:
- the country of origin of the goods;
- the counterparty’s VAT...
1. What?
Taxable persons often incur foreign VAT during an accounting year. This foreign VAT cannot be recovered via the reporting in the periodic Belgian VAT return but is to be recovered via the so-called 8th Directive VAT refund procedure.
Most of the measures announced by the 2017 Belgian summer agreement were finally adopted in the Law of 25 December 2017 on the reform of corporation income tax (as published in the Belgian Gazette on 29 December 2017).
The Belgian tax administration has, on the 28th November 2017, stated that a delay is granted for the filing of the Country-by-Country Report, Country-by-Country notification, Master file and Local file, that have to be done by Belgian constitutive...
As from this year, VAT taxable persons filing quarterly VAT returns must, just like those filing monthly VAT returns, verify if they should pay a VAT December advance before 24 December.
This December advance payment equals:
As from 1 January 2018, the benefits in kind subjected to social security contributions and withholding tax related to the private use of company provided IT-equipment free of charge will be updated.
Ultimately at the end of November 2018 paper invoices will no longer be accepted by federal government institutions. All invoices to governmental institutions must be issued electronically.
