Belgium: Temporary VAT tolerance for donations to Ukraine

Businesses that donate goods to Ukrainian citizens that are normally intended for sale will not have to adjust their VAT deduction.

Businesses that donate goods to Ukrainian citizens

The Belgian tax authorities announced a temporary value added tax (VAT) tolerance for donations to Ukrainian citizens.

Accordingly, businesses that donate goods to Ukrainian citizens that are normally intended for sale will not have to adjust their VAT deduction related to these goods.

To prevent abuse, the donations must be made via designated institutions and meet certain other criteria.

Read a March 2022 report prepared by the KPMG member firm in Belgium  

 

The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.