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Belgium V.A.T on Sale of LandFebruary 2010 Belgium adopts the findings of the ECJ, European Court of Justice. Starting 1.1.2011 the combined sale of a new building and land would be subject to 21% V.A.T, including on the sale of land. Currently the sale of land in such cases is exempt from V.AT under certain terms. Belgium Australia New Tax TreatyJuly 2009 Belgium and Australia signed on June 25 , 2009 a new protocol amending the existing tax treaty between the two countries .The protocol allows for a full exchange of federal tax information between the countries. The agreement is a significant step by Belgium to meet international standards set by the OECD Model. For more info please see http://assistant.treasurer.gov.asu. |
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