Latest news & developments
Update regarding the Energy-Saving Investment Deduction: Attention for all companies claiming the Energy-Saving Investment Deduction with respect to investments made in the Flemish region: due date postponed
Companies investing in fixed assets used for more rational energy consumption, improving industrial processes for energy reasons and for energy recovery in industry, may qualify for a tax benefit through the Energy-Saving Investment Deduction. In order to claim the Energy-Saving Investment Deduction, a certificate should be obtained from the competent Administration of the Region where
ViDA Package gets EU Council nod
Last week, on March 11, 2025, the EU Ministers of Finance formally adopted the VAT in the Digital Age (ViDA) package, marking a significant step forward in modernizing the EU’s VAT framework. This adoption follows the political consensus reached at the ECOFIN meeting on November 5, 2024. The ViDA package aims to streamline and harmonize
Navigating Mobility: Belgium’s government agreement and PwC’s survey insights
Mobility and company cars remain a hot topic in Belgium, both for individuals and employers. In PwC’s recent Mobility report 2025, it is highlighted that despite efforts to promote alternative transportation modes, traditional company cars continue to be a significant part of the remuneration packages for Belgian employees. The report gathered qualitative insights from different
DAC 9 – The EU Council agrees to enhance cooperation and information exchange on minimum effective corporate taxation
On Tuesday 11 March 2025 the EU Council reached a political agreement on the Directive on Administrative Cooperation in the field of taxation, also referred to as DAC9. What is DAC9? DAC9 updates the existing EU’s Directive on Administrative Cooperation (DAC) by expanding tax transparency rules. In particular, the update aims to simplify reporting for
Advance tax payments: Reduced surcharge announced
As a result of decreasing ECB interest rates, the surcharge for making no or insufficient advance tax payments has been fixed at 6.75% for the assessment year 2026, i.e. for financial years closing as per 31 December 2025 or in 2026 if the financial year closes prior to 31 December. As you might recall, this
The Impact on doing business globally and in Europe of the US Presidency
As the US is the largest economy globally, the economic policies of a US presidency play a crucial role in the dynamics of the global economy, influencing supply chains and affecting the remote work landscape worldwide. US presidents can use a range of policies that can either stimulate or hinder foreign, inbound or outbound trade,
The EU proposes sharper Carbon Border Rules: EC proposes key amendments ahead of the 2026 definitive CBAM phase
The European Commission (EC) has published a legislative proposal to amend the EU Carbon Border Adjustment Mechanism (CBAM) Regulation. The proposed amendments include simplifications for importers of small quantities and more strict enforcement measures. The EC main adjustments to fine tune the CBAM for the financial phase While the EC has reaffirmed its commitment to
Upcoming due date for submitting investment deduction applications for certificates: 31 March 2025
As the year progresses, it is important to remain vigilant about upcoming deadlines in relation to the Belgian investment deduction (tax credit) regime, specifically the deadline for submitting the application form to obtain a certificate is approaching. Please find below an overview of the submission deadlines for the R&D investment deduction (tax credit) and energy-saving investment
