As of January 1, 2010, fundamental changes to the current value-added tax (VAT) accounting and reporting processes are introduced. These significant changes include rules on the places supplying services to businesses (B2B) and consumers (B2C), regulations for cross-border VAT refunds, and the administrative cooperation.
The enhancements to comply with the European Union (EU) law have been implemented for EU countries and Belgium. For more information, see Product Update 395:/396 New Value-Added Tax (VAT) Rules for European Union (EU) Countries. In this update, more enhancement have been introduced to the Belgian legislation.
The following changes are implemented for the Belgian legislation and applicable when Use tax module in General ledger settings is disabled and if SE1100 – E-Invoice is included in the license: