Updated FAQ on the temporary 6% VAT-rate for demolition and reconstruction
The tax authorities published a new FAQ with some clarifications regarding the temporary favourable VAT-regime for demolition and reconstruction. This FAQ complements a previously published circular letter on this subject (circular letter n° 2020/C/18) and includes the complementary FAQ involving specific cases with property developers.
Both documents reflect the tax authorities' current view on this temporary arrangement. The most important clarifications are briefly discussed below.
Samira MoujahidAssociate Attorney at Law
Samira Moujahid, associate, is a member of the Real Estate practice group in our Brussels office. She focuses on real estate transactions, due diligence matters and real estate taxation for clients in the real estate sector.T: +32 2 773 23 30 M: +32 470 93 07 42 E: [email protected]
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