II: Optional taxable transactions

The following may pay value added tax at their request: 1° (Provision no longer applicable). 2° Persons who let bare premises for the purposes of the business of a lessee liable for value added tax or, if the lease is entered into on or after 1 January 1991, for the purposes of the business of a non-taxable lessee. The option cannot be exercised: a. If the bare premises let are…

Local authorities, their groupings or their public establishments may, at their request, be subject to value added tax in respect of transactions relating to the following services: Water supply in municipalities with fewer than 3,000 inhabitants or by public establishments for inter-municipal cooperation whose scope covers an area with fewer than 3,000 inhabitants; Sanitation ; public abattoirs; markets of national interest; collection and treatment of refuse, waste and residues where…

Transactions relating to banking, financial activities and, in general, trading in securities and money, as these activities are defined by decree, may, where they are exempt from value added tax, be subject to this tax by option. The taxable person who has exercised the option applies it only to transactions that he determines. This option may be terminated as from 1 January of the fifth year following that in which…

The option mentioned in Article 260 B does not apply: 1° Transactions carried out by affiliates of the central body of savings banks and banques populaires, as well as their groupings, between themselves or with the central body of savings banks and banques populaires; 2° Transactions carried out between themselves by the mutual credit banks that are members of the national confederation of mutual credit; 3° Transactions carried out between…

Taxable persons and non-taxable legal entities likely to benefit from the provisions of 2° of I of Article 256 bis may, at their request, pay the tax on their intra-Community acquisitions. The option takes effect on the first day of the month in which it is exercised. It must cover a period expiring on 31 December of the second year following that in which it was exercised. It is renewed…