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Belgian Parliament Approves Refundable Tax Credit for Non-Recoverable Event Expenses

|Approved Changes|Belgium
Belgium

On 14 February 2022, the Belgian parliament approved a law on further support measures for COVID-19. One of the key tax measures is a refundable tax credit for non-recoverable professional expenses incurred in connection with the organization of commercial events that were to take place in the period from 1 October 2021 to 28 January 2022 but could not take place due to measures taken by the federal government, regions, communities, provinces, or municipalities in the context of the COVID-19 …

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