04.28.22

Joint incentive to reduce the VAT gap

Belgium, Netherlands, and Luxembourg representatives have convened to discuss plans to reduce the VAT gap.

Although Continuous Transaction Controls (CTC) have proven to be extremely popular in the past few years, with a means to reducing the VAT gap, the VAT gap remains high- 134 million Euros was lost in revenue the EU in 2019.

Shared borders and economic interests between the 3 countries have prompted the countries to work together to reduce this gap yet further- a key factor in the implementation of e-invoicing mandates.

Browse Belgium updates

Belgium
Budget tax proposals
  • VAT/G(S)ST rate information
Belgium
Covid-related VAT reductions
  • VAT/G(S)ST rate information
Belgium
Update on B2B e-invoicing
  • Mandate information
Belgium
Potential 22% rate
  • VAT/G(S)ST rate information
Belgium
Mandatory B2G e-invoicing
  • Mandate information
Belgium
Reduced VAT rate for electricity
  • VAT/G(S)ST rate information
Belgium

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