Belgium MOF Clarifies VAT Deduction Procedure for 2024

The Belgian Federal Public Service-Finance Dec. 21 clarified VAT deduction procedures taking effect Jan. 1, 2024. The clarification explains: 1) the use of the e604 application to submit the e604a or e604b declaration as the first-time notification of applying the deduction according to actual allocation; 2) that the notification need only be made once; 3) that the deduction regime applies at least until Dec. 31 of the third year after the notification’s effective date; 4) the procedures for the refusal of the notification; 5) what information relating to the application of the right to deduct must be communicated to the ...