‘COVID-19’ rent free period: a new tax credit for real estate owners
Several measures were very recently adopted (for some, they existed already and were simply extended) by the Belgian legislator through its Law dd. 2 April 2021 on temporary support measures in the light of the COVID-19 pandemic. Among these measures, an incentive is made available to Belgian taxpayers with respect to real estate (including Belgian
Tax Bites podcast – Green Deal and green recovery
The pivotal role of the private sector Europe aims at becoming the first climate-neutral continent by 2050 and leveraging sustainable transition as a post-COVID recovery tool. All European stakeholders from national authorities to citizens need to mobilise. On this pathway, private companies play a leading role by investing in low carbon technologies and processes as
Tax Bites podcast – Tax controversies
Why prevention is better than cure Tax disputes in Belgium and abroad are being triggered by new legislation and alternative interpretations of tax principles. Listen to our new Tax Bites podcast on tax controversies with Pieter Deré, Evi Geerts, Véronique De Brabanter. You’ll find out recent trends, frequently audited topics and insights on what you can do proactively
Company cars completely electric by 2026?
The text of the government declaration already indicated that it was the intention to modify the tax treatment of company cars by 2026 and move to zero emission vehicles. To make this ambition a reality, the Belgian Minister of Finance, Vincent Van Peteghem, has now announced to make work of this initiative. The Minister stated
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
