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Belgium Royal Decree Published to Abolish Advance VAT Payments for Quarterly Return Filers

|Approved Changes|Belgium
Belgium

On 23 February 2017, the Royal Decree of 16 February 2017 was published in Belgium's Official Gazette. The Royal Decree amends Royal Decrees Nos. 1 and 24 on value added tax (VAT) as regards the payment of advance payments by a taxable person filing quarterly returns. The amendments provide for the abolishment of advance VAT payments for quarterly return filers as previously announced by the Belgian Ministry of Finance ({News-2017-01-26/A/2- previous coverage}). The Royal Decree enters into f…

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