Sign up to get the news that matters to you

Value means different things to different people. That’s why you can decide to receive updates only for the issues that matter most to you.

Latest news & developments

11 October 2021

Political agreement on fundamental overhaul of the international tax system

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,

23 September 2021

Tax Bites Podcast: Recovering from COVID-19 – can tax play a role?

In this episode, Nancy De Beule, Florian Jacobfeuerborn and Jurgen Coessens explore how tax can play a role in the economic recovery after the COVID-19 pandemic. These M&A  experts use their experience in the Belgian market to explore the risks and pitfalls in relation to taxation and post-COVID recovery. They share valuable insights, relevant beyond Belgium,

16 September 2021

Draft law implementing the zero-emission company car as the new standard

As indicated in our newsflashes of 21 April 2021 and of 18 May 2021, it was agreed in the government declaration to adapt the tax and social legislation around mobility to stimulate the green agenda. On 14 September the draft law specifying the fiscal and social treatment of company cars was submitted to The Chamber.

3 September 2021

Tax forms 281.10 and 281.20 – Get ready to map and report the actual reimbursement of expenses of your employees and directors!

According to article 57 of the Belgian income tax code (hereafter ‘BITC’), certain costs will only be tax deductible to the extent that they are properly reported on individual fee forms (281.10 for employees and 281.20 for company directors). This includes commissions, brokerage fees, trade rebates or other discounts, remuneration, bonuses, fees, allowances (‘vergoedingen’ /

2 September 2021

Cross-border employment Belgium-Luxembourg: “24-days” rule becomes “34-days” rule

In our newsflash of 20 June 2019, we referred to the negotiations regarding the double tax treaty concluded between Belgium and Luxembourg, with respect to the taxation of individuals working in a cross-border context and more specifically on the possible relaxation of the existing tolerance of 24 days. On 31 August 2021, the Belgian Prime Minister, Alexander De Croo

30 August 2021

The reconstitution reserve allows to exempt profits from corporate tax

The so-called reconstitution reserve is part of the additional economic, tax and financial measures to soften the economic consequences of the COVID-19 pandemic and supports companies to restore their equity level and safeguard sufficient cash flow and solvability in the years to come.  Covid-loss, future profits, how does it work in practice? The reconstitution reserve