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Belgium Gazettes Royal Decree Announcing Reduced VAT Rate for Specific Energy Products Due to War

April 1, 2022, 5:00 AM

The Belgian Official Gazette March 30 published Royal Decree No. 2022020620, announcing a reduced VAT rate for specific energy products due to the ongoing Russia-Ukraine conflict. The decree includes measures announcing: 1) a 6 percent VAT rate on residential electricity until Sept. 30; 2) a 6 percent VAT rate on natural gas under residential contracts from April 1 to Sept. 30; and 3) an extension of the social gas or electricity tariff until Sept. 30. The decree enters into force April 1. [Belgium, Official Gazette, 03/30/22]

Reference:
View Royal Decree No. 2022020620, Official Gazette No. 86/2022. View Official Gazette ...