De Wever I – Federal government agreement – Main considerations from a corporate income tax perspective
On 31 January 2025 a new Belgian federal government agreement was reached by the so-called ‘Arizona’ coalition. This federal government agreement contains – amongst others – various new tax measures and related changes to the existing legislation with a focus to reduce the tax burden on labour, to increase Belgium’s competitiveness and to try to
Tax Bites podcast – Belgium’s new government agreement: First insights
Welcome to our Tax Bites podcast series. In this episode, we bring together several colleagues who have closely monitored the recent Belgian government negotiations. Join us as we delve into the newly agreed measures at the Belgian government level. About the speakers Bart Van den Bussche Willem Vandromme Véronqiue De Brabanter Pieter Déré (Host) Missed
Tax Bites Podcast – New January 2025 OECD Guidance on Pillar 2
On 15 January, the OECD published a new package of guidance and information on Pillar 2. Pieter and his guests explore what is in the package, and discuss what the potential impact can be of the new guidance. We discuss the updated guidance on deferred tax assets, the Multilateral Competent Authorities Agreement and the updated
The OECD released a new package of Pillar 2 documents
On 15 January 2025, the OECD released a new package of documents including (i) the central record of legislation with qualified domestic rules, (ii) additional Administrative Guidance, and (iii) an updated version of the GloBE Information Return (GIR), the XML scheme/user guide and a Multilateral Competent Authority Agreement. List of legislations with a Transitional Qualified
Navigating Belgium’s new tax law and its impact on DAC 7
The Belgian government has introduced a new tax law on 20 December 2024 that introduces significant amendments to the DAC 7 regulations, focusing on the responsibilities and obligations of reporting platform operators. This article delves into each of these amendments, providing a comprehensive overview of what these changes mean for platform operators. Key Amendments to
Circular letter on the Belgian CFC rules (Circular Letter 2024/C/82 December 13, 2024)
On 13 December 2024, the Belgian tax authorities issued a circular letter (Circular Letter 2024/C/82 December 13, 2024) regarding the new Belgian Controlled Foreign Corporation (CFC) regulations and a circular letter (Circular Letter 2024/C/83 December 13, 2024) regarding changes from a tax procedural perspective. Almost one year ago, the program law of 22 December 2023
Navigating DAC 7: Upcoming deadlines and obligations for platform operators
Year end is approaching. Digital platform operators should be mindful of the upcoming deadlines. As a platform operator, it’s crucial to keep an eye on the reporting obligations in and outside of the EU. In March 2021 the Council of the European Union adopted new transparency rules and disclosure obligations for digital platforms, also known
Tax Bites Podcast – Draft DAC9 Directive seeking to facilitate Pillar 2 compliance in the EU: What’s in it?
On October 28 the European Commission published a new Draft Directive, DAC 9, which seeks to harmonise the filing of the Pillar 2 Information Return within the EU. Tune in if you want to know what’s in the proposed Directive and what the attention points for business are. About the speakers Jean-Philippe Van West Maxim
