Participating in a supply chain sale is always a VAT hazard, especially when your company is in the middle of the chain. In this case, it is not always easy … Read More
The EU VAT system is essentially based on fractionised payments, VAT being collected at each stage of the production and distribution chain after offsetting the input VAT paid on purchases … Read More
Invoice Is an invoice amount exclusive or inclusive of VAT? Version française Invoice with or without VAT? Discover the rules The importance of the contract for VAT purpose A business … Read More
Intra-EU trade in 10 questions: request our chek-list Intra-Community Trade The VAT regime for consignment stock arrangements – Simplification ? EU Trade Are you ready? VAT Guide Why move stock … Read More
VAT Obligations Can I reclaim VAT incurred before I registered for VAT purpose? Version française VAT registration abroad Are you ready? Discover the VAT guide The danger of being careless … Read More
The generalized reverse charge mechanism has been introduced in Belgium since 2002 and is applicable to all supplies of goods and services that are deemed to take place in Belgium and performed by a taxable person not established in Belgium
Relations between a parent company and its subsidiary: caution with the fixed establishment in VAT
What is the due date rule when a service is fully completed but the parties contractually agree that the remuneration will be paid in instalments?
Combined with the general reverse charge mechanism applicable in Belgium, the option for a foreign company to appoint a fiscal representative can be useful in order to avoid pre-financing of VAT. Indeed, that mechanism renders the client liable for the VAT due when the latter is a Belgian company submitting periodical returns or a foreign company identified for VAT purposes in Belgium with a fiscal representative.
Importation of goods en route to another EU country (“customs procedure 42”)