New Regime for Cost Sharing Associations in Belgium

Further to a request for information from the European Commission, Belgium has redefined the conditions to apply the exemption for cost sharing associations in its national legislation. The new regime is more flexible on several points than the old one, while enforcing more transparency for the VAT administration. In this article, the author clarifies the essential changes under the new regime and compares these to the requirements of the exemption as set out at European level.