Belgium: VAT on Letting of Property

August 28, 2017 Charles Riordan

In its most recent framework for a budget agreement, the Belgian government has proposed giving taxpayers the option to collect VAT on the letting of immovable property, beginning January 1, 2018. This would allow taxpayers to deduct any input VAT incurred on operations such as construction that are directly related to the letting of the property. Member States are authorized to grant the right of option for taxation of the leasing or letting of immovable property under Article 137 of Council Directive 2006/112/EC (the EU VAT Directive).

About the Author

Charles Riordan is a member of the Tax Research team at Sovos Compliance specializing in international taxation, with a focus on Value Added Tax systems in the European Union. Charles received his J.D. from Boston College Law School in 2013 and is an active member of the Massachusetts Bar.

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