News articles written by Philip Maertens

Tax forms 281.10 (employees) and 281.20 (company directors) – Income of 2019

15 January 2020

The models of salary slips (“Fiche 281.10” for employees and “Fiche 281.20” for company directors) to be used to report remuneration paid or granted in 2019 are now available on the Federal Public Service (“FPS”) of Finance’s website. The fiches 281.10 and 281.20 must be lodged electronically with the FPS before 1 March 2020. In

France: upcoming new withholding tax rules for French non-resident taxpayers

18 September 2019

On 1 January 2019, France implemented the greatest change in its personal income tax system in over 40 years through the creation of a Pay As You Earn withholding system for French tax residents. This new system that applies to the great majority of income earned by French tax residents (i.e. wages & pensions) has

American Belgians risk losing their Belgian bank account in 2020

23 August 2019

As recently communicated in the Belgian media, Belgians with the American nationality risk losing their Belgian bank accounts because of the strict application of the U.S. FATCA-legislation. FATCA  In application of the FATCA (Foreign Account Tax Compliance Act), which is also applicable in relation to U.S. citizens residing in Belgium, financial institutions outside the U.S.

New lump-sum amount for reimbursement of business use of private car

30 June 2019

Employees using a privately-owned car for business purposes can now be reimbursed a lump-sum amount of EUR 0,3653 per kilometer. Costs that an employee incurs when using a privately-owned car for business purposes can be reimbursed by the employer free of income tax and exempt from social security contributions. Repayment can be made on a