Circular letter on New Belgian capital gains tax on financial assets
What does this mean for individuals from a personal income tax perspective? Circular 2026/C/74 | Published 22 July 2026 On 22 July 2026, the Belgian tax authorities published Circular 2026/C/74 providing detailed guidance on the new capital gains tax on financial assets, introduced by the Law of 6 April 2026. The tax applies within the personal income
Council position on proposed CBAM expansion: what businesses need to know
On 12 June 2026, the Council agreed its position on proposed changes to the EU Carbon Border Adjustment Mechanism (“CBAM”). If adopted, the changes would make CBAM relevant to a much wider group of businesses as from 2028. In particular, CBAM would no longer be focused mainly on basic materials such as steel and aluminium, but would also apply to selected finished
Significant update for family businesses in Flanders
On 3 October 2025, the Flemish Government gave preliminary approval to a draft decree that will bring substantial changes to the preferential tax regime for family businesses, particularly affecting those with residential real estate assets. These reforms are set to take effect on 1 January 2026 and will exclude residential real estate and building land
Government Agreements – What is on the Table in the Flemish and Walloon Regions?
The Flemish and Walloon regional governments have already reached their respective agreement. Some of the measures will introduce significant changes to the regional taxation landscape. However, these measures have not yet been voted and still need to follow the legislative process at the regional level. Both Regions will reduce their inheritance and gift taxes (following
UBO obligations – Time to take action – Deadline 31 August 2021
In our previous newsflash, we already informed you about the new (disclosure) obligations in the UBO-register imposed by the Royal Decree of 23 September 2020. The Federal Public Service Finance (FPSF) has announced that the deadline (i.e. 30 April 2021) for uploading supporting documents and annual confirmation of the information in the UBO Register will be
Belgian UBO register: extension of deadline for annual confirmation and uploading supporting documents to 31 August 2021
In our previous newsflash, we already informed you about the new (disclosure) obligations in the UBO-register imposed by the Royal Decree of 23 September 2020. The Federal Public Service Finance (FPSF) has now announced that the current deadline (i.e. 30 April 2021) for uploading supporting documents and annual confirmation of the information in the UBO Register
New Anti-Abuse Rules for Indirect Taxes
The bill introducing an annual tax on securities accounts also plans to introduce new specific and general anti-abuse rules applicable to all the indirect taxes ruled by the Code of Various Duties and Taxes. As regards the tax on securities accounts, these anti-abuse rules would retroactively apply as from 30th October 2020 so as to
New obligations of the Belgian UBO register
In our previous newsflash, we already informed you about the new (disclosure) obligations in the UBO-register imposed by the Royal Decree of 23 September 2020. Our experience shows us that, as it was previously not required by the Law, for many companies currently not all information on intermediary entities has been recorded in the UBO-register
