EU Green Deal update – Agreement by the European Parliament on the key Fit for 55 proposals and common position on the Corporate Sustainability Reporting Directive

Tax challenges arising from the digitalisation of the economy/Global anti-base erosion (GloBE)

27 June 2022

EU Green Deal update – Agreement by the European Parliament on the key Fit for 55 proposals and common position on the Corporate Sustainability Reporting Directive

On Wednesday, June 22, the European Parliament adopted some key elements of the Fit for 55 Package, namely the EU Emission Trading System (ETS), the Carbon Border Adjustment Mechanism (CBAM) and the Social Climate Fund. One day before, the European Parliament and the Council also reached a provisional agreement on the Corporate Sustainability Reporting Directive. 

31 March 2022

Investigation period for direct taxes soon prolonged without distinction between an ordinary investigation and a fraud investigation?

A legislative proposal has been submitted to the Belgian Parliament with a view to harmonising the investigation and assessment periods for income tax and VAT. The proposal primarily looks to amend the legal provisions relating to the investigation period for direct tax matters. Currently, the normal investigation period for income tax is 3 years. This

25 March 2022

Update: Extension till 16 May 2022 granted for the filing of the Summary statement 325.48 by qualifying Digital platform operators

In previous alerts we informed you that in anticipation of DAC7 specific reporting obligations apply in Belgium for digital platform operators since 2021. Under these rules, qualifying digital platform operators have to inform service providers active on the platform on their fiscal and social obligations. In addition, they have to send annually to these service