Proposed change – Tax treatment of stock options
Stock options aretaxable on the 60th day following the offer if an employee or company director has accepted the offer in writing within 60days following the offer. The taxable option value is generally calculated as a percentage of the market value of the underlying shares on the day prior to the actual offer date or
The Netherlands – One-off crisis contribution introduced for high salaries
On 10 July 2012, the Dutch First Chamber approved legislation introducing a one-time employers tax of 16% on high salaries. In March 2013, employers will have to pay a 16% employers tax on all salaries paid out in 2012 which exceed EUR 150,000.
Dutch Budget Agreement 2013
On 25 May 2012, the Dutch government sent the Budget Agreement 2013 to parliament. This agreement includes a number of measures aimed at reducing the Dutch EMU gap to 3% in 2013. A legislative proposal has not yet been released. The most important tax measures are summarised in the document attached. Download the pdf
Personal income tax, Act on various measures
On 6 April 2012, the program law of 29 March containing amendments and clarifications of the measures introduced by the Act of 28 December 2011, was published. The personal income tax provisions recorded in this recent act concern, amongst other things, company cars. The act confirms the proposed changes in the valuation of used cars,
New daily lump-sum allowances list as from 1 April 2012
Context Reimbursements by the employer of expenses incurred by an employee within the scope of his employment are exempt from tax to the extent that they can be supported by appropriate documentation. The tax exemption of a lump-sum reimbursement of such expenses may also be allowed provided the lump-sum amount is determined based on reasonable
Additional municipal income tax
Income earned by a tax resident of Belgium in The Netherlands, Germany and/or France is exempted from Belgian income tax (be it with progression reserve). The exemption however only relates to federal tax and not to municipal taxes. Therefore it is important to know on which basis the municipal tax is calculated: on the ‘net
Proactive announcement of specific tax audits
The Belgian tax authorities have decided to increase the number of tax audits on a yearly basis. In a recent communication they have announced that they will mainly focus on the following items: internet sales employees claiming actual professional expenses company directors claiming actual professional expenses non-profit organisations that may be subject to corporate income
Due dates for filing individual salary statements
The Belgian tax authorities have recently published the new models for individual salary statements 281.10 to 281.30 for income year 2011. Please note that the due date for filing individual salary statements 281.10 to 281.30 has been set at 29 February 2012. The filing date for individual salary statement 281.50 and summary statement 325.50 remains
