Filing your Belgian corporate income tax return and local form – due date information
How to ensure timely filing ? Belgian companies (and non-resident companies with a Belgian establishment) have the yearly obligation to file a Belgian (non-resident) corporate income tax return within the statutory deadline. As of this year, the general principle states that regardless of the date of the general meeting, a financial year that ended per
Advance tax payments: first deadline of the financial year 2021
Unless a company pays its Belgian corporate income taxes due by means of timely advance tax payments during the financial year concerned, a surcharge is due on the final amount of Belgian corporate income tax due upon assessment. If advance tax payments are made, credits – which can be offset against the surcharge – are
Tax Bites Podcast – Work from anywhere
The tax impact of flexibility With everyone slowly beginning to see the light at the end of the ‘COVID tunnel’, both employers and employees are looking ahead and reimagining the workplace where a new way of working may be a driver in the hunt for talent. Many groups are considering a work from home or
Tax Bites Podcast: The Biden administration
What to expect on the tax policy front? Now that the dust has settled on the US elections, it is time to look ahead and see what the Biden administration will bring to the table. This not only in terms of US tax reform, but also in the context of the international debate on global
Company cars: the list of false hybrids has been updated
Over the past few years, the taxation of cars has been linked more and more to their ecological footprint, and more specifically, their CO2-emission. This is not different for hybrid cars. A few months after the previous update, the list of corresponding vehicles for “fake hybrids” has been updated again earlier this week. You can
Debt waivers without a tax cash out (?)
Last week, Belgian Minister of Finance Van Peteghem announced to extend the scope of the existing Belgian tax exemption for debt waivers to non-judicial debt reorganizations. This is very relevant for debt restructurings involving Belgian debtors, especially as the 2018 Belgian tax reform introduced a cap on the amount of certain tax attributes (such as
Tax forms 281.10 (employees) and 281.20 (company directors) – Income of 2020: also for remuneration received from related foreign companies!
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 2020 are now available on the Federal Public Service (“FPS”) of Finance’s website. The fiches 281.10 and 281.20 must be lodged electronically (via Belcotax-on-Web) with the FPS before 1 March
Tax Controversy Solutions: Insights into more than 75 countries at your fingertips
Tax authorities around the globe are heavily engaged in tax audits, with pressure being exerted on tax enforcement and collection processes. Joint audits and international exchange of information is fueling complexity with each country varying in its focus areas, approach and dispute resolution processes. How our Tax Controversy Solutions can help? The PwC Tax Controversy
