Latest news & developments
EUDR: EU Council Agrees to Extend Application Timeline
On 16 October 2024, the Council of the European Union agreed to extend the application timeline for the EU Deforestation Regulation (EUDR). This decision follows the European Commission’s proposal on 2 October 2024, to delay the entry into application of the EUDR by 12 months. The extension aims to provide additional time for companies and
Tax measures in the “Super nota of Bart De Wever” – What was on the table for family businesses?
The so-called “Super nota” of Bart De Wever’s contained a variety of proposed tax measures that would bring significant changes to the existing tax system. While the Super nota seems currently “in the fridge”, the budgetary situation of the country makes it likely that one or more of the measures in the Super nota will
How key interest rate cuts and stabilising inflation might impact your transfer pricing policy
The past few years the financial markets have been characterised by a significant increase in interest rates battling the surge in inflation throughout the world. Since the arm’s length principle requires intercompany transactions to appropriately reflect current market conditions, these exogenous elements have led companies to update their financing policies and more specifically their transfer
Partial wage withholding tax exemption for shift work: Royal Decree introduced to solve opaque application by temporary employment agencies
To ensure a level-playing field, companies recognized for temporary employment were already equated with companies where shift work is carried out with respect to the withholding tax exemption for night and shift work. To apply the exemption, in addition to the basic conditions, they require prior consent from the client-user that employs the temporary workers.
Finally more clarity on the horizon for employers who reimburse home charged electricity?
The world of car taxation has been experiencing one change after another for several years. Yesterday, Minister of Finance Vincent Van Peteghem announced in parliament that his Administration is working on a circular letter that, although only temporary, would remove a lot of uncertainty for both employees and employers regarding the reimbursement of electricity used
Tax measures in the “Super nota of Bart De Wever” – What was on the table for Private Equity?
The so-called “Super nota” of Bart De Wever’s contained a variety of proposed tax measures that would bring significant changes to the existing tax system. While the Super nota seems currently “in the fridge”, the budgetary situation of the country makes it likely that one or more of the measures in the Super nota will
Tax Bites Podcast – The Belgian government negotiations: what’s on the table?
The Belgian government negotiations are ongoing as we speak: what is in the ‘Nota De Wever’? Get a comprehensive overview from our experts in the latest edition of the tax bites podcast. Our experts reflect on how this can impact groups with Belgian activities. About the speakers Bart Van den Bussche Tim Van Sant Pieter
Pillar 2 Advance Tax Payments Are Live!
As announced by the Belgian tax authorities today, starting September 2, 2024, MNO groups and large domestic groups can initiate their advance payments for top-up taxes under Pillar 2, provided they have obtained their Pillar 2 group number following the mandatory notification (P2-CBE-NOT form; click here for more details). The advance payments for the minimum
