Latest news & developments
Tax Bites Podcast: Digesting the Pillar 1 progress report
On 11 July 2022, the OECD released a progress report on Pillar 1. In this episode, we go through the key takeaways from this report for businesses. Towards the end of the episode, we also covered a brief update on the latest status of Pillar 2. About the speakers: Jean-Philippe Van West Stefaan De Baets
How to deal with shareholders’ dissent on say-on-pay?
Most companies held their annual general meeting for the financial year 2021 by now. At this occasion, shareholders expressed their view on the company’s pay practices through their advisory vote on the remuneration report and, where appropriate, their binding vote on the remuneration policy. What if shareholders acceptance in their policy and/or report voting is
Belgium fine-tunes the tax framework for ELTIFs
On 15 July 2022, the tax framework for ELTIFs has been completed with the necessary exemptions of Belgian withholding tax (WHT). As a recall, the law of 21 January 2022 on various tax provisions provides a tax framework for European long-term investment funds according to three principles: Corporate tax neutrality of the investment company Avoidance
Tax Bites Podcast: One year after the publication of the Fit For 55 Package – Where do we stand?
One year after the publication of the Fit For 55 Package – Where do we stand? On 14 July 2021 the European Commission published its ambitious Fit For 55 Package. Tune in if you want to know where we stand today regarding the tax measures included in the Fit For 55 Package and how the
Early indications of the direction of travel for broad tax reform
On Tuesday 5 July 2022, Professor Delanote of the University of Ghent published his vision note regarding the broad tax reform. The note includes recommendations for potential amendments in the scope of a broader tax reform. The note was drafted at the request of several ministers, however, there is no consensus among the Federal and/or
Cross-border working – the end of COVID-19 tax and social security no-impact measures
PwC and PwC Legal have a preferred relationship. As the clients of PwC and PwC Legal are both confronted with similar challenges in their day-to-day business, experts from PwC and PwC Legal have joined forces in this multidisciplinary newsletter to give their clients a full overview in one publication. The tax and social security measures
EU Green Deal update – Agreement by the European Parliament on the key Fit for 55 proposals and common position on the Corporate Sustainability Reporting Directive
On Wednesday, June 22, the European Parliament adopted some key elements of the Fit for 55 Package, namely the EU Emission Trading System (ETS), the Carbon Border Adjustment Mechanism (CBAM) and the Social Climate Fund. One day before, the European Parliament and the Council also reached a provisional agreement on the Corporate Sustainability Reporting Directive.
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
