As from now all tax residents of Belgium must report their foreign bank accounts to the Central Contact Point (CCP) with the National Bank of Belgium.
If you (or your dependent children) had a foreign bank account (of any type) during the calendar years 2011, 2012, 2013 and/or 2014, you have the obligation to report this bank account via an official paper form or electronically via the website of the National Bank of Belgium. In principle, online reporting will be possible as of 26 May 2015. Foreign bank accounts that you (or your dependent children) had during 2014 should be reported at the latest when your Belgian resident income tax return for income year 2014 is filed.
Taxpayers who had a foreign bank account during 2011, 2012 and/or 2013 of which the existence was mentioned in their resident income tax returns will receive an invitation from the Belgian tax authorities in the course of June 2015 to report these accounts to the CCP.
The following data will have to be reported:
- account number;
- name of the financial institution;
- BIC code of the financial institution;
- country where the foreign bank account is held;
- oldest taxable period (as from income year 2011) during which the foreign bank account was held ;
- date of closure of the foreign bank account (if applicable);
- last taxable period (as from income year 2011) for which the income of the dependent children was added to the income of the parents.