Parliamentary Commission of Finance approves Mobility Budget
On Wednesday, 16 January, the Parliamentary Commission of Finance has approved the Mobility Budget. This is one of the last steps before the Mobility Budget can finally enter into force. If the Commission on Social Matters approves it as well then the Parliament will give the final green light in plenary session in February and
First step in AIFMD review has been undertaken by European Commission
On 10 January 2019, the European Commission published a Report on the operation of the alternative investment fund managers Directive (AIFMD). This report is a first step in the AIFMD review process and will ultimately lead to the revision of the rules. While emphasizing that AIFMD has globally been a key point in the development of
Optional VAT rental – condition for VAT deduction
In a communication published on 9 January 2019, the administration laid down certain conditions concerning the deduction of VAT which could not be deducted before the entry into force of the law. In practical terms, this is the VAT due on the costs of architects, studies, demolition, stabilisation and construction incurred before the entry into
15 January 2019 – Brexit Update – Brexit deal voted down!
Today, the UK’s House of Commons voted on Mrs. May’s Brexit deal. As widely expected, the Brexit deal was voted down. Although it’s still unclear what’ll happen next, the voting down of the deal requires that Mrs. May come back to the House of Commons with an alternative motion by next Monday, opening a door
Belgian tax reform – Recap of corporate income tax measures applicable from 1 January 2019
A new year typically entails new tax measures. Below you will find a brief overview of some important Belgian corporate income tax measures that have entered into force, or are expected to enter into force, in 2019 (as part of the second phase of the Belgian tax reform). For a detailed overview of the measures,
Benefit in kind – Private use of a company car: updated formula for 2019
The new reference CO2 emission for calculating the taxable benefit in kind for the private use of a company car in the hands of company directors and employees has been published on 27 December 2018 (Royal Decree of 19 December 2018). For income year 2019, the following CO2 emission will be applied to the above
