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Belgium Repeals Reduced VAT Rate for Bicycles

|Approved Changes|Belgium
Belgium

Belgium has published the Royal Decree of 6 April 2022 in the Official Gazette, which provides for the repeal of the reduced VAT rate of 6% on both bicycles and electric bicycles. The law for the application of the reduced rate was published in April 2019, but its implementation was postponed until Annex III to Council Directive 2006/112/EC allowed such a reduced rate. As previously reported, …

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