VAT refunds

general assembly on February 21, 2018

In 2016, the Ministry of Finance refunded more than 13 billion euros VAT. In its report to the Federal Parliament, the Belgian Court of Audit has determined whether the Ministry of Finance has organised the refund procedure in such a way that the National Treasury cannot incur revenue losses and that the VAT liable entities will not be prejudiced. The Court has also analysed to what extent the procedure ensures fair and equal treatment of VAT payers.