Latest news & developments
Belgian Minister of Finance confirms intention to mandate B2B e-invoicing
In his policy note, the Belgian Minister of Finance, Mr Van Peteghem, confirmed the intention to gradually make electronic invoicing mandatory for businesses-to-business (B2B) transactions. The measure is aimed at reducing the Belgian VAT gap, which is the difference between the expected VAT revenues and the VAT revenues that are effectively collected. For the year
Tax Bites Podcast: How can taxpayer’s fundamental rights bring balance to the ever increasing powers of the tax authorities in the EU?
Tax transparency is the new normal. An ever increasing amount of EU legislation is passed under the banner of the fight against tax fraud. The scope of the legal instruments that allow for mutual assistance between tax authorities are constantly extended. This trend poses a huge challenge for businesses that are coping with tax officials
Tax Bites Podcast: Update on China Tax Policy
Recorded before the release of the 8 October Inclusive Framework Statement, we share perspectives on the current state of play for in- and outbound investments in China. Our speakers cover the main corporate income tax aspects, as well as insights on the China tax policy developments, including the main attributes that shape a sustainable tax
The 2022 Belgian budget round
On the 29th October, the council of ministers agreed on the draft program law outlining the 2022 Belgian budget measures. On 9 November at 16.00, PwC Belgium will organise a webinar where our experts will reflect on this set of measures and the impact this may have for businesses in Belgium. If you are interested,
2% increase of Flemish real estate registration duties for investors
The Flemish Minister-President announced in his September declaration important changes concerning the registration duties (as part of a larger preliminary draft Programme Decree containing provisions to accompany the 2022 budget). On 14 October, the Flemish Government approved in principle such preliminary draft Programme Decree. Accordingly, whoever buys a single and own home in Flanders to
Belgian incentives newsletter
With the PwC Incentives Hub, we strive at remaining up to date on the latest news in grants and incentives and share the latest insights. In that respect, this newsletter outlines the most important developments on Belgian grants and incentives. SME-portfolio The SME-portfolio (KMO-portefeuille) supports training and advice for a.o., small and medium enterprises. As
Tax Bites Podcast: The inclusive framework statement of 8 October 2021 explained!
On 8 October 2021, the Inclusive Framework (IF) announced a further agreement backed by 136 (out of 140) members of the Inclusive Framework on the two-pillar approach. In the last few days, a number of countries that initially opposed the reform are now also signing up for it (e.g. Hungary, Ireland and Estonia). With this, all EU
Upcoming changes to the Belgian expat regime – What’s on the table?
What has been in the air for some time is probably becoming a reality, at an accelerated pace. In the framework of the agreement on the Belgian budget, the Federal Government announced its intention to amend the special regime for foreign executives, who are working temporarily in Belgium under specific conditions, by reducing certain benefits
