Businesses not based in the European Union who incur VAT in connection with their activities in an EU country where they do not habitually supply goods/services (and so are not required to register for VAT) are nevertheless entitled to deduct that VAT. This “deduction” is made by means of a refund from the EU country […]
Immovable work, performed by a VAT payer for another VAT payer, should be invoiced under the reverse charge mechanism. In other words, the contractor does not charge the VAT due, but it is the customer which will account for the VAT due through its VAT return and will deduct it to the possible extent at […]
A paper entitled “Commercial Use of Drones: Commercial Drones facing Legal Turbulence: towards a new legal framework in the EU” which was published in the US-China Law Review (Volume 16, Number 8, pages 338-353). This paper aims to summarize the European legal framework with regard to the commercial use of drones, as well as […]
An article entitled “Quantum Computing: the Certainty of the Uncertain”, contributed to the features section of the Who’s Who Legal website (http://whoswholegal.com), published by Law Business Research Limited. In this article, I discuss some of the implications of quantum technology for data protection, privacy, competition and contract law, as well as its potential impact on […]
As companies continue to look for opportunities in global markets, directors from diverse jurisdictions are hired to serve on the boards of foreign businesses as well as domestic ones that […]
Read moreWhen a company files its tax return late or not at all, the law foresees in a minimal taxable profit on which taxes have to be paid. In case of recidivism these amounts are increased. A recent circular letter explains when we speak about recidivism. No or late tax return Up to tax year 2018, […]
One of the corona tax measures we should keep an eye on during the entire year is announced on 3 April. It concerns prepayments for companies. In order to protect your liquidity position during the months March until May/June, the advantage of the prepayments for the last two quarters was increased. Corporate tax rules Belgian […]
Our Belgian chapter to the Global Legal Insights publication “AI, Machine Learning & Big Data” (Second Edition). Read the whole article
Foreward by Andrew Chilvers Sometimes events can be so unprecedented that even the canniest business people fail to comprehend what’s happening until it’s too late. The COVID-19 “coronavirus” crisis is one such event. Businesses across the world have been plunged into shock dealing with the fall out of lockdowns, plummeting revenues and sales, unpaid bills […]
Foreward by Andrew Chilvers For companies and individuals looking to move into new jurisdictions for business opportunities, setting up a bank account is a crucial part of the process. But this is never as straightforward as it seems. In all countries, banks are obliged to crack down on fraud and any potential financial scullduggery. As […]
Sometimes events can be so unprecedented that even the canniest business people fail to comprehend what’s happening until it’s too late. The COVID-19 “coronavirus” crisis is one such event. Businesses […]
Read moreFor companies and individuals looking to move into new jurisdictions for business opportunities, setting up a bank account is a crucial part of the process. But this is never as […]
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