Latest news & developments
Public Country-by-Country Reporting Directive enters into force soon
With our newsflash of 16 November 2021, we informed you of the formal approval of the public country-by-country reporting (PCbCR) directive on 11 November 2021. The directive is published in the Official Journal of the EU on 1 December 2021; it enters into force on the 20th day after its publication. Member states must introduce
Workforce Podcast – Organizational culture as a critical asset
Organizational culture as a critical asset The culture and purpose of your organisation can be a competitive advantage in attracting and retaining people. It is important to know that copying a culture from another high performing company simply does not work, every company’s cultural situation is as unique as a fingerprint. But how can you
Rebuild sustainable european economies post-covid: European Long-Term Investment Funds v.2 in the making
On 25 November, the European Commission published a proposal amending Regulation (EU) 2015/760 on European long-term investment funds (ELTIF). It is published together with a series of documents, including an Impact Assessment Report. Context of the proposal The ELTIF regulatory framework was adopted in 2015 and created a new investment fund vehicle intended to facilitate
Cadastral income for properties abroad – Final call
As mentioned in our Newsflash of 18th March 2021, following the decision of the European Court of Justice, the Belgian tax authorities have sent a questionnaire to many taxpayers, in order to gather specific information which will allow them to attribute a value/cadastral income to foreign properties. In case the properties abroad were owned before 1 January
PwC’s podcast voor de (semi)publieke sector – IT-strategie bij (lokale) overheden
Lokale besturen worden geconfronteerd met heel wat uitdagingen op het vlak van ICT en digitalisatie. Enerzijds worden de verwachtingen van de burger in termen van een wendbare, efficiënte en digitale overheid alsmaar groter. Daarbij komt nog de druk op de budgetten. Anderzijds biedt digitalisatie – naast andere technologieën – tal van kansen en mogelijkheden. Deze
Time to verify your night – and shift labour: check your shift premium and the calculation of the ⅓ norm!
Strict case law regarding the shift premium and more strict FAQ regarding ⅓ norm urges for action Night – and shift labour incentive Companies with employees performing shift or night work can receive a partial exemption from the payment of wage withholding taxes. The ‘discount’ is quite substantial: as an employer you can save up
Public Country-by-Country Reporting adopted
Introduction On 11 November 2021, the European Parliament adopted the Directive on public country-by-country reporting (PCbCR). The adoption of this directive concludes the procedure (see earlier newsflash) on the introduction of specific European transparency rules and requires certain European or non-European multinational groups or standalone undertakings to publicly disclose certain financial data. Content of the
Draft law organising the fiscal and social greening of mobility – Amendments
As indicated in our newsflash of 16 September 2021, it was agreed in the government declaration to adapt the tax and social legislation around mobility to stimulate the green agenda. On 19 october amendments were made to the draft law, which were adopted by the Finance Commissions on 26 October and approved in the Plenary
