This bill brings significant changes to the existing VAT compliance and VAT refund processes, as well as to the VAT procedural rules. These changes are also referred to as the so-called “VAT chain” reform. In the meantime, the draft bill has effectively been adopted by the Belgian Chamber of Representatives on the 2nd March 2023. In what follows, we provide a brief overview of the main measures: …
Source: mytaxcompass.be