The Belgian tax administration established new thresholds for filing quarterly VAT (Value Added Tax) returns effective 1 January 2014
Online PR News – 23-February-2014 – Sunnyvale, CA – Effective 1 January 2014, the Belgian tax administration established new thresholds for filing quarterly VAT (Value Added Tax) returns.
As per the new thresholds, annual revenue of the company should not be more than EUR 2.5 million (previously EUR 1 million). For companies trading in mineral oils, land vehicles, mobile telephones and computers as well as their peripherals, accessories and components, the amount of annual turnover is set at no more than EUR 250,000 (previously EUR 200,000).
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