Belgian Tax on Stock Exchange Transactions: deadline extension for the first reporting & details on registration of responsible representative

Written by Olivier Hermand 28 February 2017


Yesterday, the Ministry of Finance has issued a statement (FR/NL) confirming that the deadline for foreign intermediaires to report and pay the Belgian TSET on the transactions carried out during the period January 2017 to April 2017 was extended to 30 June 2017. A similar extension has been confirmed for principals residing or established in Belgium for the transactions carried out during the period January 2017 to March 2017.

This statement also mentions that a new version of the tax return form is now available on the website of the Ministry of Finance (enclosed for your convenience; adjustments compared to the previous version are relatively limited).

On a separate note, the Royal Decree setting the procedure to appoint a responsible representative in Belgium has been published last week. It also defines the conditions that must be met by the responsible representative (sufficient solvency, capacity to contract, etc.) to be eligible. The registration forms have been published on the website of the Ministry of Finance and can be found in annex. It should be noted that foreign intermediaries do not necessarily have to appoint a responsible representative, even if they decide to report and pay the Belgian TSET on behalf the clients concerned.

PwC has a strong Belgian TSET experience and expertise and therefore remains at your disposal should you want to know more about these formalities and / or need assistance in this framework.

 

Annexes

Fiscal representative – Registration form (NL)

Fiscal representative – Registration form (FR)

Tax return form (NL)

Tax return form (FR)