Belgium and France must abolish the corporate tax exemptions for their ports by the end of 2017 and ensure that all ports are subject to the normally applicable rules starting from 1 January 2018. Read the newsalert here.
On 26 July 2017, the federal government reached an agreement on an important tax, economic and social reform package. A significant gradual reduction in the corporate income tax rate to 25% in 2020 and fiscal consolidation are key components of the package. The agreement preserves the notional interest deduction. The tax reform is built around
Remark: The following announced measures will have to be formalised in draft legislation which should only be available as from September/October. Only then will full details be known. On 26 July 2017, the Federal government reached an agreement on an important corporate tax reform, significantly reducing the corporate tax rate. More details will follow below.
Legislative initiative in Poland – mandatory monitoring of physical movement of certain ADR transports
Poland plans to introduce a so-called ‘transportation package’. Basically it will require that transport of certain hazardous materials need to be monitored through special declarations and/or GPS devices. Such monitoring obligation will also cover the transit of goods through Poland – effectively it means that not only Polish companies need to be aware of that