Advance tax payments – Percentages for tax year 2016

Philippe Vanclooster 9 March 2015


On 27 February 2015, the Belgian government took a decision on the rates for the advance tax payments for tax year 2016. Considering the low market rates, it was decided that the basic rate to be taken into account for the calculation of the different rates would be 0.5% (instead of the current rate of 0%).

Consequently, the percentages applicable to the advance corporate tax payments that can be made in relation to tax year 2016 (financial year ending as from 31 December 2015 until 30 December 2016) are the following:

Tax increase: 1.13%

Tax reliefs (‘bonifications’):

– quarter 1: 1.5%

– quarter 2: 1.25%

– quarter 3: 1%

– quarter 4: 0.75%