Latest news & developments
What’s new on the incentive horizon? – January 2023 update
As the funding landscape is continuously evolving, new calls for proposals are opening regularly in different focus areas. With this short newsletter, we provide you an overview on the main funding opportunities and developments at European level as well as in Flanders, Belgium. Europe – New Eureka call for low carbon projects Eureka launched
Exposure Draft proposes disclosure requirements for Pillar 2
In December 2022, the EU Directive on Pillar 2 was published, the OECD public consultation document on the GloBE Information Return was issued and in January 2023, an Exposure Draft was published by the IASB. As a result, the timeframe in which companies subject to Pillar 2 will need to take action has been accelerated
What are the Belgian and European governments doing to support your company in tackling climate change during the energy crisis?
As a result of the active geopolitical tensions, both our households and businesses share the same burden of rising energy costs and continuous inflation. In parallel our continuous battle against climate change is still ongoing. Fortunately, the European Commission, together with national and regional governments haven’t forgotten about this pressing issue. As a matter of
Tax and legal aspects of ESG in an M&A context – pre-deal phase
With the structural climate/sanitary reality and economic challenges, ESG (Environmental/Ecological, Social/Sustainable and Governance) has grown in importance for all stakeholders of an enterprise. So it’s no surprise that ESG has also become a hot topic in M&A projects and that Tax and Legal related ESG topics should be included in every step of a deal
Tax Bites Podcast: Incentives
On the foot of Russia’s invasion of Ukraine, the European energy landscape is facing unprecedented challenges. The response, on the part of the European Union and its member states, is to accelerate the energy transition. Although decarbonisation of our energy systems was always on the agenda in recent years, the current crisis accentuates the need
International funding for collaborative projects focusing on lowering carbon emissions: Eureka leads the way!
Last month, the Eureka network launched a joint project call for transnational R&D collaborations between independent entities from Austria, Belgium, Chile, France, and Spain. With this call, Eureka funds innovative R&D projects focusing on low carbon emissions. Companies have until 24 February 2023 to submit a proposal. What is Eureka? Eureka is the world’s largest
Restructuring your family enterprise within 3 years after a gift or inheritance
A recent preliminary decision (October 2022) of the Flemish tax authorities was rendered on the question whether a full demerger of a family enterprise would impact the qualification of a family enterprise for gift tax purposes. The facts: an active family enterprise (holding) was donated by the parents /donors – with certain control mechanisms –
Tax Bites Podcast: Discussion draft on Pillar One – Amount B published
On Thursday, 8 December 2022, the OECD/G20 Inclusive Framework published another discussion draft in the two-pillar solution to address the tax challenges arising from the digitalisation of the economy. The document outlines the main design elements of Amount B, a part of the two-pillar approach that until now was relatively undefined. During this episode of
