VAT on immovable rent
How will the option to subject immovable rent to VAT impact businesses? Which is the best approach to a company's needs?
The Belgian government has decided to introduce the option to subject immovable rent to VAT for projects as of 1 October 2018, adding a valuable alternative to exploit real estate in Belgium. The objective of the new regime is to provide companies flexibility in how they exploit their real estate, allowing landlords to deduct VAT on their investments.