Latest news & developments
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
EU cooperative compliance project for transfer pricing announced
The European Commission (EC) has recently published guidelines on the European Trust and Cooperation Approach (ETACA), a pilot project on cooperative compliance within the EU specifically focusing on transfer pricing risks for large multinationals. The ETACA pilot was already announced in the Action Plan for fair and simple taxation supporting the recovery strategy (see also
Belgian government announces measures to transition Belgian economy post-covid
Yesterday, the Belgian Government reached an agreement on the Belgian budget. The budget agreement combines a number of measures to transition the Belgian economy after Covid in an environmentally balanced manner. Some points will need further agreement with the social partners, and some measures are taken explicitly in view of the recent surge of energy
Subsidy for SMEs that make water saving investments
The Flemish government has launched the new Blue Deal subsidy measure ‘water saving investments’. A call for SMEs that invest in technologies that save on the use of drinking, ground and/or surface water. The Blue Deal flows out of the Flemish governments’ goal of structurally tackling the fight against drought and water scarcity with major
