Archive for August, 2006

Directors jointly liable for repeated default of VAT due

Tuesday, August 29th, 2006

The new program bill, approved by the Belgian parliament, introduced a new article 93 undecies C into the Belgian VAT Code.
In the future repeated non- payment of VAT due by a company or a large non- profit organization will be supposed to be an error of the director. This assumption is subject to counter arguments […]