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More time for the Belgian Tax Authorities to control and levy income taxes and VAT

On 15 July 2022, the Belgian Federal Government approved a draft bill providing for a significant extension of the statute of limitation periods (“verjaringstermijn”/” délais de prescription”) for investigations and assessment of income tax and VAT. This draft law – if voted in by Parliament – will have important consequences for Belgian companies.

 

Source Linklaters

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