Circular letter on the mobility allowance and the consequences of the Constitutional Court Judgement
As described in our newsflash of 23 January 2020, the mobility allowance, better known as the Cash for Cars-system, has been annulled by the Constitutional Court (23 January 2020, published in the Official Gazette on 24 February 2020). Now, the Belgian Tax Authorities have published a short Circular letter clarifying the impact of this annulment
Executive pay landscape: Implementation of the Revised Shareholders’ Rights Directive (SRD II) into Belgian law for Belgian quoted companies
On May 6th, the Official Gazette has published the law on implementing the SRD II – Directive (EU) 2017/828. Part of the Directive will be implemented by changing the newly introduced Belgian Code on Companies and Associations (BCCA). The aim of SRD II is to positively influence the involvement of long-term shareholders and increase transparency