Tax Bites Podcast – Future-proofing your statutory reporting function (Part 2)
Future-proofing your statutory reporting function: how to improve your statutory financials production by solving your data challenges In this second episode of our mini series we first dive deeper into the types of STAT data as well as GAAP to STAT differences and how to accommodate for these in the most preferred way. Then we
Tax Bites Podcast: Future-proofing your statutory reporting function (Part 1)
This episode is the first in a series where we will explore the topic of future-proofing the statutory reporting function and the close link to tax. We start with setting the scene, why it’s such a hot topic today. We touch upon what that future-proof model could look like as well as the framework to
New tax treaty signed between Belgium and the Netherlands
A new tax treaty was signed between Belgium and the Netherlands. This new treaty is now published and will go through the normal ratification process. The treaty includes a number of important changes for all taxpayers with cross border activities between Belgium and the Netherlands. According to the press release of the Minister of Finance,
PwC’s Pillar Two Country Tracker
PwC has recently launched the Pillar Two Country Tracker, a tool designed to track the status of the implementation of Pillar Two around the globe. Specifically, Pillar Two focuses on the introduction of a global minimum Effective Tax Rate (ETR) applicable to multinational groups with consolidated revenue of over €750 million. Such groups will be
Belgium agrees on core principles for implementation of the Global Minimum Tax (GloBE/Pillar 2) for MNE’s and some additional tax measures
The Belgian government reached an agreement on the Federal budget. After long discussions within the government, a number of measures have been decided that will reduce expenditures and measures that will increase revenue. One of the key elements in the budget decision was the decision on the core principles of the introduction of Pillar 2
Contribution in Fiscale Actualiteit on reporting obligations of platform operators as of 1 January 2023
We are very grateful that Fiscale Actualiteit has published on the frontpage of the latest edition our article regarding the implementation into Belgian legislation of DAC 7 (Fiscale Actualiteit nr. 2023/08, pag. 1-5, week 2 – 8 maart 2023). As of the 1st of January this year new reporting obligations entered into force in Belgium as in
European Commission temporarily relaxes State Aid measures in support of the Green Deal Industrial Plan
The European Commission has approved new measures via the Temporary Crisis and Transition Framework (TCTF) in support of the transition towards a net-zero economy. The Commission’s goal is to speed up investment and financing for clean tech production within the Union which, in turn, supports the European Green Deal as well as delivering on specific
The Belgian Minister of Finance proposes long awaited tax reform.
Finance Minister Vincent Van Peteghem launched his proposal for a first phase in the Belgian tax reform. This proposal was already announced several months ago and is now being put formally on the table. What we are looking at today is still a proposal that will now go into the legislative process. The aim is
