Belgium Again Considering VAT Mitigation Extension for COVID-19-Related Goods
Belgium’s Parliament is considering another extension for its reduced value-added taxes on certain COVID-19 related goods and lower interest rates on late VATs and duty payments, KPMG said June 25. The reduced VAT rates for masks and hydroalcoholic gels, which…
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were set to expire June 30 (see 2103310006), would continue to apply through September, KPMG said. The reduced interest rates would also be reduced for July, August and September.