Belgium Restricts the VAT Exemption for the Settlement of Insurance Claims

The Belgian tax authorities have announced that they will be adapting their position on the VAT exemption for insurance claims settlement services in accordance with the case law of the Court of Justice of the European Union. The new position was announced in Practice Note 2017/C/36, dated June 12.

Until now, the Belgian tax authorities accepted that the services for the settlement of insurance claims provided by an independent company were tax exempt in the same way as insurance transactions. Such services can include the following: taking delivery of insurance claims, settling claims, making technical assessments, examining appeals and complaints in respect of the settlement of insurance claims, and handling the correspondence with the client, including legal notifications.

To read the full contribution go to Tax Notes International or contact the author.

Author: Marc Quaghebeur

Marc Quaghebeur is a Belgian tax lawyer with Cabinet DAVID specialising in international tax issues and cross border estate planning. He is a member of the Brussels Bar and the Society of Trust and Estate Practitioners. He

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