Circular letter on the taxation regime of the collaborative economy: impact of the decision of the Constitutional Court
Circular letter on the taxation regime of the sharing economy: impact of the decision of the Constitutional Court On June 25, 2020, the Belgian Tax Administration issued a circular letter on the impact of the decision of the Constitutional Court in relation to the tax treatment of income from the sharing economy. As discussed in
As mentioned in our newsflash of 24 June 2020 the agreements concluded between Belgium and the Netherlands/Luxembourg, which implement a mutual “force majeure tolerance” for cross-border workers in relation to COVID-19 (travel) restrictions, were extended until 31 august 2020. We anticipated that a similar extension would become applicable for the agreements between Belgium and Germany/France).
As a recap, the DAC 6 directive covers the EU Mandatory Disclosure rules on certain tax arrangements. This directive was enacted in Belgian legislation in December 2019. To further clarify the DAC 6 law in Belgium, the Belgian tax authorities published a FAQ with further guidance on the application of the rules. Recently an extension
The recent developments in the international tax world are clearly finding their way into the Belgian tax investigation practice. PwC observes a significant increase in tax audits in which the Belgian tax authorities are focusing on passive income flows (dividend, interest and royalty) and alleged tax abuse through the involvement of intermediary entities. A number
Update COVID-19 and cross-border employment: agreements with Luxembourg and the Netherlands extended
We refer to our previous newsflashes regarding the specific agreements that Belgium has concluded with almost all of its neighboring countries (Germany, the Netherlands, France and Luxembourg). These agreements implement a mutual “force majeure tolerance” for cross border employees in relation to COVID-19 (travel) restrictions. A fiction is created in relation to the employment income
With the European borders gradually opening, will there be an impact on business travel, in the post pandemic era – that’s the question?
Business travel was thriving… And businesses saw opportunities in the ever growing globalisation. Millions of people were travelling around to conclude contracts, to network and to invest in their personal growth and development, resulting in a yearly incremental growth in the (business) travel industry. Business travel had become a habit for many… Until COVID-19 showed
During the current Brexit transition period, goods can still be shipped tariff free and without import and export formalities from the EU mainland to the UK and vice versa. After the transition period, scheduled for 1 January 2021, EU – UK trade will be subject to import and export formalities and the UK will set
Due to the COVID-19 pandemic and by way of administrative tolerance, the Belgian government has granted a 6-month delay to fulfil the first reporting obligations under the DAC 6 legislation. The decision follows a European proposal for an amending council directive in this respect. In short, DAC 6 provides for the obligation to report certain