Belgium Again Considering VAT Mitigation Extension for COVID-19-Related Goods

Belgium’s Parliament is considering another extension for its reduced value-added taxes on certain COVID-19 related goods and lower interest rates on late VATs and duty payments, KPMG said June 25. The reduced VAT rates for masks and hydroalcoholic gels, which were set to expire June 30 (see 2103310006), would continue to apply through September, KPMG said. The reduced interest rates would also be reduced for July, August and September.