Tax Bites Podcast – Tax Control Framework
Tax Control Framework: be in control of your taxes – and prove it ! With reputational and financial damage at stake, the need to be in control of your taxes and have sound tax risk management is rising rapidly. This transformation is especially important – and also challenging – in a tax landscape where sustainability,
COVID-19: New supportive Belgian tax measures
On 16 May 2020, after the first wave of supportive measures to mitigate the consequences of the COVID-19 crisis, the Council of Ministers adopted a draft law including new tax recovery measures. These provisions have as main aim to avoid a series of bankruptcies and to help companies to rebuild their liquidity and solvency positions.
Tax Authorities have issued Circular Letter regarding the Group Contribution Regime
On 13 February 2020, a circular letter on the group contribution regime has been published (Dutch and French version). The group contribution regime, applicable as of financial year 2019 (assessment year 2020), enables Belgian companies and Belgian branches of entities located in the EER to transfer taxable profits to other affiliated Belgian companies/branches with the
OECD releases discussion draft on branch mismatch structures
On 22 August 2016, the OECD published, for discussion, recommendations for domestic laws that would neutralise the effect of payments involving certain branch mismatch arrangements. This expansion of the final Base Erosion and Profit Shifting (BEPS) Action 2 paper, Neutralising the Effects of Hybrid Mismatch Arrangements, issued on 5 October 2015, adds even more complexity
