04.28.22
Joint incentive to reduce the VAT gap
Belgium, Netherlands, and Luxembourg representatives have convened to discuss plans to reduce the VAT gap.
Although Continuous Transaction Controls (CTC) have proven to be extremely popular in the past few years, with a means to reducing the VAT gap, the VAT gap remains high- 134 million Euros was lost in revenue the EU in 2019.
Shared borders and economic interests between the 3 countries have prompted the countries to work together to reduce this gap yet further- a key factor in the implementation of e-invoicing mandates.
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Browse Belgium updates
VAT rate consolidation delay
- VAT/G(S)ST rate information
Electronic invoicing in public procurement – changes
- Mandate information
VAT reduction for energy
- VAT/G(S)ST rate information
Overhaul of VAT process
- Country updates
Wider tax reforms including proposed B2B e-invoicing and e-reporting
- Mandate information
Abolishment of certain Covid VAT measures
- VAT/G(S)ST rate information
Extension of application of reverse charge
- Country updates
Budget tax proposals
- VAT/G(S)ST rate information
Upcoming new format for VAT number
- Country updates
Reduced VAT rate extension for electric, gas and heating supplies
- VAT/G(S)ST rate information
Covid-related VAT reductions
- VAT/G(S)ST rate information
Update on B2B e-invoicing
- Mandate information
Potential VAT reduction on fruits and greens
- VAT/G(S)ST rate information
Potential 22% rate
- VAT/G(S)ST rate information
Joint incentive to reduce the VAT gap
- Mandate information
Mandatory B2G e-invoicing
- Mandate information
Scope of B2G e-invoicing expanded
- Mandate information