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New Belgian legislation with important VAT changes in the pipeline!

On 3 October 2022, a new draft law containing various tax and financial provisions was submitted to the Parliament.

There will be a new statute of limitation period of 4 years when VAT returns are not submitted (or not submitted on time), and 10 years in cases of fraud. These come in addition to the already existing periods of 3 or 7 years.

 

Source VATconsult

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