Belgium is found to be in violation of EU law by applying an extended adjustment period for input VAT on ‘immovable capital goods’ and services related to immovable property. This conclusion comes from Advocate General Collins in a case involving a Belgian law firm and the application of a fifteen-year adjustment period for VAT deduction on work carried out on their business premises. The Belgian tax authorities argue for a five-year adjustment period, but the Advocate General disagrees, stating that the extended period applies to both immovable capital goods and services related to immovable property, including renovation work.
Source Taxlive
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