Update - Belgium Reduces Minimum VAT Refund Amounts

Belgium has published the Royal Decree of 29 March 2021 in the Official Gazette, which provides VAT support measures for COVID-19. In particular, the Royal Decree provides for a reduction in the minimum VAT refund amounts announced earlier, which includes the following:

• EUR 50 for annual declarations (down from EUR 245)
• EUR 400 for quarterly declarations (down from EUR 615)
• EUR 400 for monthly declarations (down from EUR 1,485)
• EUR 50 for monthly declarations by taxpayers authorized for mon…