On 29 May 2024, the Royal Decree was published requiring Belgian entities of a Multinational Group to register with the Crossroads Bank of Enterprises (KBO or BCE) in order to comply with the Pillar 2 compliance formalities within 30 days after the first day of the first year in scope of Pillar 2 (or before 15 July 2024 for groups with a fiscal year starting on or before 14 June 2024). Please also refer to our newsflash in this respect.
Today (2 July 2024), the Belgian Tax Authorities published an administrative tolerance for multinational and large-scale domestic groups that will not (intend to) carry out advance payments in 2024 for the domestic top-up tax or the Income Inclusion Rule (“IIR”). These groups may submit their notification for registration in the Crossroads Bank for Enterprises until 16 September 2024 (included).
Please note that this administrative tolerance does not apply to MNE groups and large-scale domestic groups who (wish to) carry out advance payments in 2024. For those groups, the deadline to submit the form remains within 30 days after the first day of the first fiscal year in scope of Pillar 2 (for groups with a fiscal year starting on or before 14 June 2024, this remains 15 July 2024).
If you want to know whether you want to make advance payments during 2024 or like our assistance with respect to the completion, review, conversion and/or filing of the notification form, please reach out to your regular PwC contact, or contact Pieter Deré, Koen De Grave or Maxim Allart.
