Latest news & developments
Third quarter advance tax payment for assessment year 2023
Companies with a year-end closing on 31 December 2022 have the opportunity to make an advance tax payment for the third quarter of the year until 10 October 2022 to avoid or reduce a tax surcharge. This tax surcharge of 6,75% will be applied on the final amount of the Belgian corporate income tax due upon assessment. If,
Creating a healthier Europe through the EU4Health funding programme
The recent COVID-19 pandemic has exposed the existing weaknesses of the national healthcare systems. Indeed, it has highlighted the importance of crisis preparedness, resilient healthcare systems and coordination among European countries. The EU4Health programme is the European Commission’s response to the COVID-19 crisis and EU’s largest health programme. The actions funded by the programme go
Monthly Incentives newsletter
The funding landscape is continuously evolving, with new calls for proposals opening regularly in different areas. With this newsletter, we provide you a brief overview of the latest funding opportunities and developments at the European and regional level. Water4All Call The Joint Transnational Call “Management of water resources: resilience, adaptation and mitigation to hydroclimatic extreme
Filed your transfer pricing documentation in due time?
The Belgian Tax Administration (BTA) has started to send out the letters to eligible taxpayers for missing/late filing of transfer pricing documentation, as the case may be: The country-by-country report (art. 321/2 BITC), The country-by-country report notification (art. 321/3 BITC) The master file (art 321/4 BITC), The local file (art 321/5 BITC). For the first
Screening of foreign direct investments: enhanced government control over the M&A landscape
With the introduction of the new screening mechanism for foreign direct investments the government is enhancing its control over the M&A landscape. Ive Serneels and Stijn Vanbaelen of PwC Legal give a short overview of the scope, procedure and importance for the M&A practice. You can find a link to the full PwC Legal article
PwC’s Workforce Podcast – The 2022 Labour Deal
The 2022 Labour Deal The Chamber of Representatives has voted the Belgian government’s 2022 Labour Deal into law: a set of labour market reforms that introduce increased flexibility and redeployment measures. The goal of these reforms is twofold: improve employees’ work-life balance and increase the employment rate in Belgium to 80% by 2030. Listen to
Enabling the digital transformation for people and businesses through European funding
Digital technology is continuously changing and transforming both the lives of people and businesses. To accelerate this transformation, the European Commission is determined to make this Europe’s “Digital Decade”. Europe must now strengthen its digital sovereignty and set standards, rather than following those of others – with a clear focus on data, technology, and infrastructure.
Belgian Council of Ministers approves draft legislation implementing DAC 7 into Belgium law
On Friday 23 September 2022, the Council of Ministers approved preliminary draft legislation introducing new provisions and technical amendments for administrative cooperation between European member states in the field of taxation. The aim of the proposal is to implement EU Directive 2021/514 on administrative cooperation in the field of taxation, better known as “DAC 7”,
