PwC and Sirenum a strong recipe for success
In June I travelled to London for two days to meet with our partner Sirenum. Earlier this year we partnered up with this inspiring platform to offer our clients implementation and consulting services based on deep expertise in their product and the staffing industry.
Unfavourable treatment of Belgian residents that invest in property abroad: the story continues
On 25 July 2019 the European Commission decided to refer Belgium to the Court of Justice of the EU for its failure to properly implement new rules related to the taxation of rental income of foreign immovable property owned by Belgian tax payers. Last year, on the 12th of April 2018, the European Court of
UK publishes draft legislation and guidance on digital services tax
The UK tax authorities on July 11 published draft legislation and draft guidance for a digital services tax (DST) to become effective April 1, 2020. These are available for public consultation until September 5, 2019. The DST is expected to apply by default at 2% of deemed UK revenues derived in excess of £25m, where
CJEU judgments on Swedish “final losses” cases
On 19 June 2019, the Court of Justice of the European Union (CJEU) issued its judgments in Memira Holding (C-607/17) and Holmen (C-608/17) on Swedish “final tax” losses. A brief explanation of the decision can be found via this link.
Brexit update – New UK Prime Minister
13 weeks until Brexit The dispute about the leadership of the Conservative Party has come to an end – Mr Johnson is the next Prime Minister of the UK. Within minutes after the announcement, EU Chief Brexit negotiator Mr Barnier stated that he is looking forward to constructively work with the new Prime Minister but
New EU Directive and Regulation facilitating cross-border distribution of investment funds
On 20 June 2019, the European Parliament and the Council introduced a more harmonised framework on cross-border distribution of funds. The aim of the new Directive 2019/1160 and the Regulation 2019/1156 is to reduce regulatory roadblocks or barriers that hinder cross-border distribution of funds within the EU and to enhance fund managers’ ability to fully
Frequently Asked Questions on Belgian UBO register: new update
In previous news flashes we already informed you about the implementation of the UBO register, the extension of the first registration deadline and a first update of the frequently asked questions. After a first update on 2 April 2019, the Federal Public Service Finance (FPSF) published a new version of the frequently asked questions (FAQ) on
