Latest news & developments
Changes to the Belgian ‘expat’ tax regime – extension until 30 september 2022
Since last week, the Belgian Chamber of Representatives is in the process of adopting a draft law aimed at extending the deadline for applications for the new special tax regime for incoming taxpayers and incoming researchers and for “opt-in” requests. As a reminder, new applications had to be submitted electronically by the employer or company
Modification to ELTIF Regulation: Trilogues are ready to start
On 25 May 2022, the Council reviewed and validated the Commission’s proposal amending Regulation (EU) 2015/760 on European long-term investment funds (ELTIF), following which the Economic and Monetary Committee of the EU parliament adopted its own position on the proposal on 20 June 2022. See our previous Newsflash for more information and background. Priorities In
VAT return and intra community sales listing : extended filing due dates for the summer period
While it became an habit for the Tax Authorities to grant an extension for the filing of VAT returns and intra community sales listing due during the summer months, 2022 brings an additional (short) extension for the filing of the September and third quarter returns. These extended due dates however do not exempt the tax
PwC’s Workforce Podcast – Latest updates in personal income tax returns for tax year 2022
Latest updates in personal income tax returns for tax year 2022 Personal income tax returns for 2022 will see some changes. Listen to our podcast to hear what the most significant changes are compared to 2021 and what remains the same, but shouldn’t be forgotten. We’ll also talk about the impact of Covid 19 and
Ecology Premium Plus (EP+): updated list of eligible technologies
The EP+ is a Flemish funding programme that supports all sizes of Flanders-based companies for ecological investments in some specific technologies, listed on the so-called LTL or limitative technology list. Funding rates typically range from 15% to 45% on the additional cost (compared to a conventional technology) depending on the selected technology and the size
The Luxembourg Reserved Alternative Investment Fund (RAIF) – Updated
Luxembourg RAIFs are increasingly used in order to provide debt funding for acquisitions. Until recently it was uncertain how interest paid by a Belgian company to a RAIF is to be treated from a Belgian withholding tax perspective. Two recent decisions of the Belgian Supreme Court provide more clarity. The RAIF Regime In 2016, Luxembourg
Key real estate issues in the due diligence process of M&A transactions raised by the New Property Law
Following the New Property Law of 4 February 2020 (which entered into force on 1st September 2021), important changes were introduced regarding amongst others long term lease rights and building rights. These changes can also have an impact on M&A transactions, for certain topics more flexibility is created whereas for other topics the New Property Law is more strict. Learn more
New call for projects investing in closing waste to raw material cycles
The Public Waste Agency of Flanders (OVAM) has opened a new call to support companies in the Flemish region that want to invest in innovative technologies for recycling projects that convert waste materials into raw materials. Up to 35% of the additional costs of the new technology compared to conventional technology can be funded. The
