E-commerce marketplaces jointly and severally liable; due diligence requirements Belgium is considering a proposal to make digital platforms and marketplaces jointly and severally liable for their third-party sellers B2C transactions. This could take effect from 1 January 2024 in a Bill being drawn up. Belgium would
Draft legislation proposes 1 January 2026 for B2B e-invoicing The Belgian Council of Ministers has agreed on a new draft legislation to mandate B2B structured e-invoicing from 1 January 2026. This will be limited to Belgian-resident companies and local subsidiaries of foreign companies. It be
Collapse of tax reform talks means shelving of consolidation of 6% and 12% reduced rates to new 9% rate The collapse on agreement for a major Belgian tax reforms means that the 2024 plan to simplify reduced VAT rates will be dropped (see original plans
Bill enacted to improved credit refunds, extended deadlines backed by tougher fines approved Belgium last week gazetted reforms for the administration of VAT returns in an aim to help businesses and curb non-compliance. Once promulgated by the King, it enter into force from 1 January 2024.
Chamber of Representatives makes energy VAT cut permanent The Belgian 2023 Federal Budget has changed the temporary VAT cut from 21% to 6% permanent. There will also be reforms of the excise duties on gas and electricity. This covers: electricity, natural gas, heating fuels and
First wave Belgian tax reforms, including proposals to consolidate VAT rates, dropped Failure to gain political support by the Belgian Finance Minister, Vincent Van Peteghem, to his ‘first phase tax reforms’ means they are now likely delayed until after the summer 2024 elections. This means
July 2024 to July 2025 B2B invoicing phased rollout; Peppol likely preferred standard Original plans to launch July 2023 likely have been delayed for a second time to start July 2024 as key decisions and planning remain. Belgium’s preferred plan is two staged: PEPPOL-based e-invoicing
Belgian VAT code gets update Belgium is considering a range of VAT compliance updates. A draft Bill is now passing in Parliament regarding a number of measures. Also, see our Belgian VAT country guide. The updates include: New legal definition of an electronic invoice as
Standard format of Belgian VAT number updated The Banque-Carrefour des Entreprises, a database for public records, is to change the format for Belgian VAT numbers. The current structure starts with “0” and has nine further numbers to provide a unique VAT registration number for taxpayers.