Changes to the Belgian expat tax regime – draft law filed in parliament
On December 1st, the Belgian government formally filed draft legislation in parliament regarding i.a. changes to the Belgian expat tax regime (see our heads-up article published on 15 October). The draft legislation is very likely up for formal vote by the end of this month. The essential characteristics of the draft legislation can be summarised
Cadastral income for properties abroad – Final call
As mentioned in our Newsflash of 18th March 2021, following the decision of the European Court of Justice, the Belgian tax authorities have sent a questionnaire to many taxpayers, in order to gather specific information which will allow them to attribute a value/cadastral income to foreign properties. In case the properties abroad were owned before 1 January
Upcoming changes to the Belgian expat regime – What’s on the table?
What has been in the air for some time is probably becoming a reality, at an accelerated pace. In the framework of the agreement on the Belgian budget, the Federal Government announced its intention to amend the special regime for foreign executives, who are working temporarily in Belgium under specific conditions, by reducing certain benefits
Update COVID-19 and cross-border employment: Agreements with the neighboring countries: extended until 31 December 2021
In our previous newsflashes of 17 June 2021, 23 June 2021 and 24 June 2021 we referred to the extension of the mutual agreements between Belgium and The Netherlands / France / Germany / Luxembourg, which includes a “force majeure tolerance” for cross-border workers in relation to government imposed COVID-19 (travel) restrictions. Despite the fact
Tax forms 281.10 and 281.20 – Get ready to map and report the actual reimbursement of expenses of your employees and directors!
According to article 57 of the Belgian income tax code (hereafter ‘BITC’), certain costs will only be tax deductible to the extent that they are properly reported on individual fee forms (281.10 for employees and 281.20 for company directors). This includes commissions, brokerage fees, trade rebates or other discounts, remuneration, bonuses, fees, allowances (‘vergoedingen’ /
Cross-border employment Belgium-Luxembourg: “24-days” rule becomes “34-days” rule
In our newsflash of 20 June 2019, we referred to the negotiations regarding the double tax treaty concluded between Belgium and Luxembourg, with respect to the taxation of individuals working in a cross-border context and more specifically on the possible relaxation of the existing tolerance of 24 days. On 31 August 2021, the Belgian Prime Minister, Alexander De Croo
Home working expense allowance – update
On 1 July 2021 an addendum (Circular 2021/C/62) was issued to the Circular 2021/C/20 of 26 February 2021 on employer contributions for home office work. The Circular 2021/C/20 of 26 February 2021 discusses the tax system for employer contributions for home office work. According to this Circular, employers may grant employees who structurally and regularly
Update COVID-19 and cross-border employment: Agreement with the Netherlands extended
In our newsflash of 12 March 2021 we referred to the extension until 30 June 2021 of the mutual agreement between Belgium and the Netherlands, which includes a “force majeure tolerance” for cross-border workers in relation to government imposed COVID-19 (travel) restrictions. With ongoing vaccination marathons the end of the global pandemic definitely seems to
