The first tax measures of the new government adopted
On 17 July 2025, the Chamber adopted a first set of tax measures. The other measures included in the Easter agreement are part of the draft law containing various provisions, which is currently under review at the Chamber. The main measures adopted are as follows: From a corporate tax and and employer perspective: Participation exemption
The Belgian government Easter Agreement: what is relevant from a tax perspective?
On Friday, 11 April, the Council of Ministers approved a draft program bill named the “Easter agreement.” This bill includes among others the first wave of tax measures that will be effective in the assessment year 2026 or from 1 July 2025. Gradually, the decisions become clear and the key tax changes are the following:
The Impact on doing business globally and in Europe of the US Presidency
As the US is the largest economy globally, the economic policies of a US presidency play a crucial role in the dynamics of the global economy, influencing supply chains and affecting the remote work landscape worldwide. US presidents can use a range of policies that can either stimulate or hinder foreign, inbound or outbound trade,
De Wever I – Federal government agreement – Main considerations from a tax perspective
Further to the new Belgian federal government agreement which was reached on 31 January 2025, various new tax measures and related changes can be expected soon. Hereafter we will provide you with a (non-exhaustive) overview of the key changes included in said agreement. Note that all of these announced measures can still be subject to
New Belgian Federal Government Agreement and Upcoming Tax Reform and its impact on Entrepreneurship & Economic Climate in Belgium
On January 31, 2025, Belgium presented a new federal government agreement announcing major tax policy changes that will affect entrepreneurship and competitiveness. Some first key highlights based on the info currently available: Competitiveness: labour costs for low and middle incomes will be reduced, but the impact might be mitigated due to updated compensation practices related
Belgian Minister of Finance confirms intention to mandate B2B e-invoicing
In his policy note, the Belgian Minister of Finance, Mr Van Peteghem, confirmed the intention to gradually make electronic invoicing mandatory for businesses-to-business (B2B) transactions. The measure is aimed at reducing the Belgian VAT gap, which is the difference between the expected VAT revenues and the VAT revenues that are effectively collected. For the year
Reduced VAT rates for online newspapers, magazines and e-books have been approved in last session of the Federal Parliament
As from 1 April 2019 reduced VAT rates for online newspapers, magazines and e-books are applicable in Belgium. The EU Council has agreed in October 2018 on a VAT Directive to allow the EU Member States to apply a reduced (or even 0%) VAT rate to electronic publications, in order to modernise VAT for the digital economy
Solutions for mandate e-invoicing and Making Tax Digital
The challenge As you may be well aware by now, as from 1 January 2019, e-invoicing becomes mandatory for transactions carried out between taxpayers resident or established for VAT purposes in Italy. This means that as from this date, your IT solution needs to exchange e-invoices in a specified XML format, bidirectionally through the government run Interchange System (so-called
