The standard Belgium vat rate is 21%. In addition, there are reduced rates for residential construction (12%), as well as 7% for agricultural raw materials, medicines, books, newspapers, utilities, passenger transport services, and hotel business. Banks, insurance companies, lawyers, teachers, doctors and hospitals, as well as international transport, aircraft and ship supply are exempt from VAT.
The standard Belgium vat rate is 21%. In addition, there are reduced rates for residential construction (12%), as well as 7% for agricultural raw materials, medicines, books, newspapers, utilities, passenger transport services, and hotel business. Banks, insurance companies, lawyers, teachers, doctors and hospitals, as well as international transport, aircraft and ship supply are exempt from VAT.
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