Return of bank statements confirmed by FOD Financien in Q1 2024

• The ITAA has advocated for the reintroduction of VAT account statements, regardless of the account balance.
• The tax authorities have instructed their teams to reinstate these account statements.
• The minister is expected to confirm this position soon in response to a question in parliament.
• The ITAA has called for a quick implementation and for its members and taxpayers to be informed as soon as the statements are available.
• The FOD has stated that the function will be operational by the Q1 2024 tax return, but the exact release date is still to be confirmed.

Source: blogitaa.be

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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