Latest news & developments
Listed companies and the UBO register: not always an exemption!
In previous news flashes we already informed you about the implementation of the UBO register, the extension of the deadlines and the updates of the Frequently Asked Questions (FAQ). In the updated version of the FAQ published on 19 July 2019 the Belgian authorities stated that listed companies are exempted from registering their UBO’s if they are subject
American Belgians risk losing their Belgian bank account in 2020
As recently communicated in the Belgian media, Belgians with the American nationality risk losing their Belgian bank accounts because of the strict application of the U.S. FATCA-legislation. FATCA In application of the FATCA (Foreign Account Tax Compliance Act), which is also applicable in relation to U.S. citizens residing in Belgium, financial institutions outside the U.S.
Brexit update – Governments on both sides of the channel are gearing up for a no-deal Brexit
Last Sunday, 18 August 2019, a UK Government report under the code name “Operation Yellowhammer” was leaked. The report describes the consequences Britain will most likely face if the UK leaves the EU without a deal. Some of the revelations were: heavy goods vehicles crossing the UK border could face a maximum delay of 1.5
Finprof announced postponement for submitting the withholding tax return for 2018 until 27 September 2019
Companies and payroll offices can still make corrections on the withholding tax declarations for 2018 up to 27 September 2019. After this final due date, a formal motivated tax claim will be required to amend the withholding tax returns. Also withholding tax exemptions, such as the R&D exemption, exemption for night and shift labor and
Tax dispute resolution – Belgium obtains positive peer review on its Mutual Agreement Procedure practice
Background Improving dispute resolution mechanisms as regards the application and interpretation of tax treaties is high on the agenda of the OECD and a number of countries. Under BEPS Action 14, there is a broad commitment to implement a minimum standard to strengthen the effectiveness and efficiency of Mutual Agreement Procedures (“MAP”). One of the
Corrections to previously filed CbC Reports
On July 30th 2019, the Belgian Tax Authorities (“BTA”) communicated that the portal MyMinfin has been opened for the submission of corrections to Country-by-Country Reports (“CbCR”) filed in previous years. In addition, the BTA have published practical guidelines and examples for reporting entities on how to report these corrections to previously filed CbCR. These guidelines
5 reasons why B2B Marketing Automation can help your company
Marketers all over the world know how important it is to build a personalized relationship with customers. They also know that communicating with the right tone to specific leads can turn them into customers. And what they all know as well: it is impossible to manage all this, all by yourself without the right tools.
PwC and Sirenum a strong recipe for success
In June I travelled to London for two days to meet with our partner Sirenum. Earlier this year we partnered up with this inspiring platform to offer our clients implementation and consulting services based on deep expertise in their product and the staffing industry.
