Nieuwe eisen voor transfer pricing-documentatie in België vanaf 2025

From 1 January 2025, significant changes will be introduced to the VAT chain. The 'VAT chain' encompasses the entire VAT procedure, including periodic VAT returns, payments, and controls by the tax authorities. The changes will be introduced in stages by the Belgian administration.

On November 12, 2024, Minister of Finance Van Peteghem announced in a press release that the transitional arrangements for the reduced VAT rate on sales after demolition and reconstruction will be extended.

As holiday homes are often not used year-round, they are frequently rented out, usually through online platforms such as Airbnb. Since 2021, these platforms must share information with the Belgian tax authorities, leading to an increase in inspections.