News

October 2017 – Major Reform of the Brussels Zoning & Town Planning Rules

On 13 October 2017, the Brussels Parliament voted the ordinance which will substantially modify the Brussels zoning and town planning rules (the so-called Code bruxellois de l’Aménagement du Territoire, in short “COBAT” / Brussels Wetboek Ruimtelijke Ordening, in short “BWRO”).

The text will be published in the Belgian State Gazette in the coming weeks and will probably enter into force in the course of 2018.

More news to come regarding this important reform.

September 2017 – Option to subject professional leasing to VAT

Bruno De Duve, who leads our Tax practice group, & Helene Mulier, summer intern, discuss in depth the recent legislative initiative of the Belgian Federal Government to allow the possibility to subject to VAT the mere letting of an immovable property to a business subject to VAT as of 1 January 2018. This draft bill may drastically improve the competitivity of professional tenants towards foreign competitors and may effect the real estate market on various fronts.

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