Latest news & developments
Belgian Tax authorities publish FAQs on reporting obligations for digital platform operators
The Belgian Tax Authorities recently published Frequently Asked Questions (“FAQs”) clarifying the reporting obligations for digital platform operators. A key takeaway is the upcoming due date for the first filings and their format. There are two important deadlines. First, by the end of February, in scope digital platform operators must inform service providers active on
Payments to tax havens : new circular letter published
Belgian tax law foresees a reporting obligation for (in)direct payments made to tax havens (in case the total amount of these payments is minimum EUR 100,000 in the taxable period concerned). In this context, we also refer to our newsflash published on 1 July 2021. On 20 December 2021, a circular letter has been published
Everything you need to know about the new special tax regime in Belgium
We refer to our previous newsflash of 6 January 2022 in which we informed you that the new Belgian expat regime has been voted on 23 December 2021 and published on 31 December 2021 in the Official Gazette with entrance into force as of 1 January 2022. We welcome you to our web-based platform which
A great jumpstart to 2022: Belgium adopts a new tax framework for ELTIFs
Before Christmas, there was good news on the tax and economic front: a draft law on various tax provisions proposing to extend the tax regime of Belgian regulated investment funds to “European long-term investment funds” (ELTIFs) was presented to parliament. The draft law was adopted yesterday, meaning that Belgium’s now well-equipped with the appropriate investment
Lump sum benefit in kind for electricity and heating no longer possible without the provision of housing
All income that you receive from your employer is subject to income taxes. This is also the case for non-cash elements. In general, taxes should be paid on the actual value received by the employee, meaning the value that (s)he would have paid in case the employer wouldn’t intervene in such a cost. However, for
New expat regime in Belgium – VOTED
We refer to our previous newsflash of 22 December 2021 in which we informed you that the draft legislation regarding the changes to the Belgian expat regime was planned to be voted on in the plenary session of the Chamber at the end of December 2021. Hereby, we would like to inform you that the
Changes to Strategic Transformation Support Programme from 2022 onwards
Vlaio has just released a new update regarding the well known Strategic Transformation Support programme. The Strategic Transformation Support programme is aimed at companies that are implementing a transformation with a strong innovative character to strengthen their international competitiveness. Companies can get up to 8% support for the accepted costs of mainly CAPEX investments and
Tax Bites Podcast: Proposed implementation of the minimum tax in the EU and the unshell proposal
On 22 December, the European Commission issued 2 proposals. One proposal deals with the introduction of the global minimum tax in the EU by 2023. The EU proposal deviates from the OECD proposal on a number of topics. Find out how the proposal will look like in this Tax Bites episode with Jean-Philippe van West and
