The European Union agreed on a ‘flextension’ of the Brexit deadline to 31 January 2020 with the option for the UK to leave the EU earlier if the (re)negotiated Withdrawal Agreement is approved by both the UK Parliament and the European Parliament before that date. Specific terms were, however, specified by the EU27 as regards
The UK Parliament was set to vote on PM Johnson’s exit deal today in its extraordinary Saturday sitting. The Letwin amendment (voted by 322 to 306) however prevented the vote on the Brexit deal. The amendment as introduced by Mr Oliver Letwin says the House of Commons would “withhold support” from Johnson’s plan until all
By law of 7 February 2018, the legislator introduced a tax on securities accounts (“taks op de effectenrekeningen”/“taxe sur les comptes-titres”). Many petitions to annul this law have been introduced before the Constitutional Court. In its judgement dd. 17 October 2019, the Constitutional Court annulled the law (and thus the tax), but decided to maintain
The new Flemish Government has announced some important changes in the field of bequests and donations. 1. Duo bequest (duo-legaat / duo-legs) In case of a so called ‘duo bequest’, (part of) the estate is left to a charity organisation under the condition to pay out a certain amount of the bequest to a
The proposal seeks to allocate a greater share of taxing rights to the countries where consumers/users are located – regardless of a business’ physical presence there.
By 1 January 2020, the EU Member States have the obligation to introduce the so-called “quick fixes” in their national VAT legislation. These “quick fixes” are 4 concrete measures that are aimed at establishing a uniform VAT treatment for certain cross-border EU supply of goods transactions. From a Belgian perspective, the draft law has recently