PwC Corporate Finance (CF), part of the Deals team, sole financial advisor to the seller. The PwC CF team is pleased to announce the completion of Project Cherry, the sale of Stoffels Tomaten owned by Paul and Petra Stoffels-Veldman to family office Invale and private equity fund BNP Paribas Fortis Private Equity on 12
Recently, several modifications of the Belgian Stock Exchange Tax regime (TOB/beurstaks) have been enacted. For recall, this tax generally applies to secondary market transactions (with the exception of redemptions of own units by certain investment funds) concerning certain financial instruments entered into by Belgian investors, be it through a Belgian or a foreign financial intermediary.
On 22 December 2017, the Belgian Parliament has approved the Belgian tax reform bill. This bill has been published in the Belgian Official Gazette on 29 December 2017 and was signed by the Belgian King on 25 December 2017. Consequently, the Belgian tax reform has been substantively enacted for IFRS (IAS 12) on 22 December 2017