On 22 December 2017, the Belgian Parliament has approved the Belgian tax reform bill. This bill has been published in the Belgian Official Gazette on 29 December 2017 and was signed by the Belgian King on 25 December 2017. Consequently, the Belgian tax reform has been substantively enacted for IFRS (IAS 12) on 22 December 2017 and enacted for US GAAP (ASC 740) on 25 December 2017.
Discover a brief overview of some of the key changes and their main related tax accounting and reporting considerations here.
